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2010-05-20 Home Front: Politix
Dems putting off passing 2011 budget until after elections; too busy passing beer resolutions
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Posted by gorb 2010-05-20 02:17|| || Front Page|| [2 views ]  Top

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

#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||   2010-05-20 07:59|| Front Page Top

#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||   2010-05-20 09:20|| Front Page Top

#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|| http://blogfonte.blogspot.com/  2010-05-20 09:35|| Front Page Top

#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||   2010-05-20 11:01|| Front Page Top

#6 $1,800 billion

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

#7 Great graphic!
Posted by Besoeker 2010-05-20 11:42||   2010-05-20 11:42|| Front Page Top

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

#9 Great graphic!

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

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