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Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year]
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One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Wednesday, April 01, 2009

Today in Washington D. C. - April 1, 2009

The Senate resumed consideration of S. Con. Res. 13, the $3.5 trillion fiscal year 2010 budget resolution. There could be ten or more votes on budget amendments this afternoon. Among these could be a key amendment from Sen. Mike Johanns (R-NE), which would prohibit carbon cap-and-trade legislation from being included in reconciliation instructions.

Yesterday, the Senate adopted an amendment from Sen. Barbara Boxer (D-CA) that would require any cap-and-trade legislation to not increase “the overall burden on consumers,” giving Democrats cover to vote for legislation that will increase energy prices. The Senate also adopted an amendment to the budget by Sen. John Thune (R-SD) which would have required that any cap-and-trade legislation not increase energy prices which Democrats supported after the Boxer amendment passed.

Senators rejected an amendment from Sen. Gregg which would have required any budget increasing the debt greater than the amount accumulated in the last 220 years (between the year 1789 and January 2009) to get 60 votes to pass. Stop reflect on this -- America's citizens are facing more debt from Obama's budget that all the accumulated yearly debt added together in the last 220 years. Wake Up America! That is more than created by ALL wars and the great depression added together. The Senate is supposed supposed to be the body that protects the United States against the more populous voting House members and the President. For this much debt, at minimum 80% should have to agree!

As both the House and Senate consider the Democrats’ budget resolutions, Republicans from both chambers joined together this morning to underscore their opposition to a budget that spends too much, taxes too much, and as House Republican Leader John Boehner said, “borrows too much from our kids and grandkids.” Senate Republican Leader Mitch McConnell summarized the key issues with the $3.5 trillion budget, saying “What we are facing here is a mountain of debt. The Democratic budget will double the national debt in five years and triple it in 10. Looking at it another way, they will accumulate more debt than all of the presidents from George Washington up to and through George W. Bush. This is indeed an explosion of taxation and debt and spending. And as Leader Boehner has indicated, obviously this will have to be paid for by our children.”

Writing in The Washington Post today, Sen. Judd Gregg (R-NH), ranking Republican on the Senate Budget Committee, addressed some of the Democrat excuses for the excesses in the budget. Sen. Gregg writes, “[D]on’t be fooled when the president says the economy he inherited is the reason that future deficits and debt skyrocket. The president’s budget makes clear that a huge expansion of government is not just about today’s economic downturn. Once the recession is behind us, this budget will continue pushing for more and more government in our everyday lives. Instead of tightening Uncle Sam’s belt the way so many American families are cutting back these days, the president’s proposal spends so aggressively that it essentially adds $1 trillion to the debt, on average, every year. . . . The new spending is coupled with the largest tax increase in U.S. history -- $1.5 trillion over 10 years. Who will pay all those taxes? The president says it’s just the rich. But let’s keep in mind that a lot of these ‘rich’ people are actually small-business owners, and small businesses create 70 percent of the new jobs each year. When millions of Americans are out of work, taxing job creators and making it harder to run a business are certainly not the answer.”

Meanwhile, on the question of reconciliation being included in the budget (rules that would bypass potential filibusters of health care and climate legislation), Democrats continue to talk out of both sides of their mouths. The Washington Post reports today that Democrats are leaving the door open to such a tactic.
Tags: reconciliation, federal budget, US Congress, US Senate, Washington D.C. To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 11:30 AM - Post Link

1 Comments:

Anonymous Anonymous said...

I accept this site is so wonderful.

4/06/2009  

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