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Home Front: Politix
Dems putting off passing 2011 budget until after elections; too busy passing beer resolutions
2010-05-20
The chance that the majority Democrats will pass a budget this year is "fading," Senate Budget Committee Chairman Kent Conrad (D-N.D.) said Tuesday.

He is pessimistic because House Democrats don't know whether they want to pass a resolution that would officially acknowledge the certainty of big deficits. House Majority Leader Steny Hoyer (D-Md.) and other Democrats have indicated that would be a tough vote in an election year.

Conrad said the Senate was getting "mixed signals" from the House and time is running out, not least because the Senate has a packed legislative agenda.
Posted by:gorb

#9  Great graphic!

Yeah, I like those with more than one meaning. ;-)
Posted by: gorb   2010-05-20 22:18  

#8  So much for that whole "fierce urgency of 'now!'" business.
Posted by: Mike   2010-05-20 16:13  

#7  Great graphic!
Posted by: Besoeker   2010-05-20 11:42  

#6  $1,800 billion

Make that $1,700 billion.
Posted by: ed   2010-05-20 11:02  

#5  The 2011 budget request submitted by the Obama admin is $3,834 billion, up from $3,721 in 2010.

Now for the funny math. The Obama admin predicts revenues of $2,567B for a deficit of $1,267B. That assumes a 20% increase in tax revenues from 2010. Unfortunately, revenues for 2009 and 2010 are flat at around $2,100B giving a projected 2010 federal deficit of around $1,600B. With flat revenues in FY2011, the likely federal budget deficit will be around $1,800 billion.

No wonder the Democrats are running for the hills.
Posted by: ed   2010-05-20 11:01  

#4  Another item to add to the list if we ever get off our asses & convene a constitutional convention - an amendment which forbids Congress from using continuing resolutions, and obliges them to actually pass a proper budget every goddamn year. If they're too busy to do that, obviously they should STOP DOING THAT OTHER CRAP.

It's neglecting their actual constitutional duties that leaves them the time to go jet-setting all over the world while their worthless, corrupt staffers construct rube goldberg "reform" bills full of abstruse, impenetrable code *designed* for easter-egg cash-outs for their beltway bandit co-conspirators to interpret via consultancy.
Posted by: Mitch H.   2010-05-20 09:35  

#3  May not be a bad idea. I'm sure the "budget" would be more orgies of spending money we don't have and run up more debt.

That's it guys, put it off until we vote you out.

We ain't gonna forget, or have you not seen the latest primaries?
Posted by: DarthVader   2010-05-20 09:20  

#2  Budget does not mean actual expenditures. Budget is a goal that in an election year only gives those angry over actual expenditures political ammo to hold incumbents to the fire with. The current Congress rightfully fears its constituents, but has no real interests in adjusting behavior to eliminate that fear.
Posted by: Procopius2k   2010-05-20 07:59  

#1  I resolve to drink beer. Does that make me a Democrat?
Posted by: Glenmore   2010-05-20 07:52  

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