Budget negotiations limp along for another 3 weeks

Kimberly DvorakKimberly Dvorak Leave a Comment

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It’s been more than a year since lawmakers have proposed and approved an operational budget. Instead under Democratic leadership the budget process has been continued six times and still Congress in no closer to passing a spending plan.

However, freshman lawmakers decidedly made a decision to stop the nonsense and threw a wrench in the House vote by saying no to the continuing resolution extension this week.

Yesterday’s House vote played out this way; 54 freshman GOP lawmakers said the $6 billion in cuts were too small to make a difference and 104 Democrats said the $6 billion was more than the country could afford.

The U.S. currently owes more than $14 trillion and counting. The national deficit for February alone was $222.5 billion, or $7.9 billion per day, according to the Wall Street Journal. Also Secretary of State Hillary Clinton was in Egypt this week giving interim government officials a $2 billion check. Where is the money coming from? China? Taxpayers? Or a national credit card.

Looking at the current budget numbers, the proposed $6 billion in cuts demanded by the Republicans would only keep the federal government for 30 hours. However, if the GOP’s wish of $61 billion in cuts were granted the government could only operate for one week. Spending is a very big problem.

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