Saturday, May 19, 2012

Budget Defeated in Congress : 0-99, 0-414 Again

Spending is out of control - the average family in this country could not operate like this and survive. Why does congress do this? Why does the president think he can spend everyone else's money until it's completely gone and then demand more? Who is this guy that thinks he is some kind of all powerful ruler?

This November, turn this guy out or we are done for.

Budget, deficit and debt.
The President's budget proposal was brought up in the Senate this week where Senators voted 0-99, outright rejecting the President's budget proposal. If you recall, the House voted 0-414 last March on the President's proposal. If you need help with the math, that's exactly zero votes in Congress for the President's budget. Interestingly, that hasn't kept the President from criticizing Paul Ryan's budget, which passed the House.


Meanwhile, Speaker of the House John Boehner continued to press his position on what has become known as the Boehner Doctrine. In a nutshell, the Boehner Doctrine says that for every dollar we increase the debt limit, a corresponding amount of spending should be cut from the deficit. This came up during a lunch at the White House this week where Speaker Boehner reiterated his position. As expected, the hue and cry of a government shutdown and a threat to our credit rating spewed forth from Washington. "I don't understand it," said Treasury Secretary Tim Geithner. "It's deeply irresponsible. There's no basis for it," he said. Nancy Pelosi characterized it as a "line in the sand."

Agree or disagree with him, Speaker Boehner's position is very clear to everyone who reads it. Less clear is where the President stands. He says he supports a "clean debt ceiling bill." But when reporters pressed the White House press secretary on the details, it wasn't clear whether the President would support raising the debt ceiling without reducing spending, or how much deficit spending he would tolerate. The United States government is expected to reach the debt limit sometime later this year.



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