2 Problems With House Spending Plan

[Valin]

The Foundry:

Patrick Louis Knudsen

March 5, 2013

 

The House version of the continuing resolution (CR) — necessary to fund the government through the end of the fiscal year on September 30 — was Congress’s opportunity to reprogram cuts from sequestration or cut even further. Regrettably, the bill fails to deliver on both counts.

 

Worse, because of the Obama Administration’s decision to spread the cuts to a wider range of spending, the level of base spending in the CR will be higher than it should be, because some of the cuts are made not to bloated agency budgets but one-time emergency or disaster funding.

 

As a result, base discretionary spending will be $7 billion higher, making it more difficult to get the government on a path to a balanced budget. Nor does the CR adequately address sequestration’s serious impact on military readiness and defense capabilities.

 

(Snip)

 

 

 

[clearvision]

Hopefully no one really believes either party in congress will actually reduce government spending.

[Valin]

Hopefully no one really believes either party in congress will actually reduce government spending.

 

Whether or not people believe it, and no matter which party is in power cuts in government are coming.

Trends That Cannot Continue....Won't.

[Draggingtree]

Hopefully no one really believes either party in congress will actually reduce government spending.

 

Whether or not people believe it, and no matter which party is in power cuts in government are coming.

Trends That Cannot Continue....Won't.

I for one believe cut will be coming sooner than most people would think. (he lies)

[Valin]

Hopefully no one really believes either party in congress will actually reduce government spending.

 

Whether or not people believe it, and no matter which party is in power cuts in government are coming.

Trends That Cannot Continue....Won't.

I for one believe cut will be coming sooner than most people would think. (he lies)

 

We can't continue to borrow 42 cents of every dollar we spend. It doesn't work, as Newt Gingrich says 2+2=4. It doesn't work....and my street is not plowed.

This is (a dark) part of my Hinge Of History Series.