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4/8/11
Democrats, Republicans agree on a budget deal
Democrats, Republicans agree on a budget deal. About time they agreed to something, even though it's not the entire budget. From the article, it read "Democrats and Republicans narrowly averted a partial shutdown of the federal government Friday night, agreeing on a budget deal and short-term funding extension". Did you catch the keyword there - EXTENSION?
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Sorry, but all this looks like to me is that they delayed a shutdown until next Thursday where they will do it all over again. Eventually someone will figure it out. You know there is something seriously wrong with the government's financial picture when a budget hasn't been approved for how many months...since July 2010 when the President gave it to them.
ReplyDeleteAnd why are the negotiations "Closed door" anyway. We voted for these fools, we should be able to hear exactly what they have to say throughout the negotiations.
"The Senate passed a short-term spending measure Friday night to buy lawmakers the time needed to prepare and pass the final budget bill next week." Still not sure if I get a warm fuzzy from this. Still sounds like it is only another extension. They did say, however, "they had reached a deal to fund the government through the end of the fiscal year".
ReplyDeleteThey did authorize $38.5 billion in spending cuts, the biggest in history, but the article fails to say what these cuts were. It still isn't a very large chunk out of the government spending in a year, especially with all of the conflicts going on throughout the world that we are trying to get involved in. Unfortunately, one can't foresee a military action such as the one against Libya and the defense spending to maintain such an attack.
The United States needs to step back and let the Middle East evolve naturally and concentrate on our own major financial and social problems for a bit, otherwise how can the problem be fixed with small spending cuts that can be overwhelmed by one small conflict our country gets involved in. Here's a taste of what the Libyan conflict costs - U.S. Cost in Libya Approaches $650 million - just to give you an idea.
While this agreement doesn't amount to meaningful progress on our debt crisis (yes it is a crisis at this point), it does at least signal a directional change. Getting DC to do any real cuts in aggregate spending as opposed simply "cutting" the rate of projected growth and calling that austerity is a significant victory for those in the nation that advocate for reductions in federal spending. I hope those on the right will see this as the victory it is and push for more real cuts in the 2012 budget.
ReplyDeleteBtw, does anyone ask themselves why we don't have an approved budget more than 6 months into the year when the dems owned Washington completely at the time the president submitted his budget to congress? Smells like dereliction of duty and fear to show their true colors to this conservative.