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Mikulski Addresses $4B Budget Gap With Gimmicks
ABC News ^ | May 22, 2014 | By ANDREW TAYLOR, AP

Posted on 05/22/2014 12:00:04 PM PDT by Oldeconomybuyer

The Democratic chairwoman of the powerful Senate Appropriations Committee moved aggressively Thursday to use gimmicks to fill in an unexpected $4 billion gap in the budget.

Mikulski's maneuver came after congressional scorekeepers surprised lawmakers by predicting that the Federal Housing Administration will produce $4 billion less in revenues from the mortgages it insures than the administration believes.

Sen. Richard Shelby said Mikulski's maneuvering amounted to an end run around a December budget pact between Senate Budget Committee Chairman Patty Murray, D-Wash., and House Budget Chair Paul Ryan, R-Wis. that replaced some automatic cuts to agency operating budgets with new fees and cuts elsewhere in the budget and allowed for January passage of an omnibus spending bill that averted a second government shutdown.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: Maryland
KEYWORDS: 113th; bho44; budget; debt; deficit; mikulski

1 posted on 05/22/2014 12:00:04 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Budget, smudget, Obama seems to be able to hand out money and fighter planes any time he wants, to anyone he wants. So tell me about that budget thing again.


2 posted on 05/22/2014 12:04:41 PM PDT by itsahoot (Voting for a Progressive RINO is the same as voting for any other Tyrant.)
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To: Oldeconomybuyer
Thanks maryland voters for continuing to inflict this demented moron upon all of us. Further proof that maryland is THE Freak state.
3 posted on 05/22/2014 3:51:21 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: Oldeconomybuyer; Abundy; Albion Wilde; AlwaysFree; AnnaSASsyFR; bayliving; BFM; Bigg Red; ...

The Dementoid from Dundalk strikes again!

Maryland “Freak State” PING!


4 posted on 05/22/2014 9:07:38 PM PDT by Tolerance Sucks Rocks (Of COURSE bacon is good for you!!!)
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