Posted on 02/23/2009 12:13:31 PM PST by Crazieman
After a week off taking a victory lap for passing an economic stimulus, Congress' Democratic leaders return to Washington on Monday for a second race against the clock to pass another massive spending package.
This time it is a roughly $410 billion omnibus appropriations bill that would fund most of the federal government for the rest of the fiscal year, replacing stopgap funding that expires March 6.
The Senate this week also is expected to take up long-debated legislation to give the District a voting member in the House and the confirmation of Labor Secretary-designee Hilda L. Solis, one of the last vacancies in President Obama's Cabinet.
The omnibus spending bill already has become a target for Republican attacks on the Democrat-led Congress' penchant for pork-barrel projects and burgeoning deficits.
Mr. Obama will confront that criticism head on this week when he addresses Congress on Tuesday and submits a 2010 budget that promises to cut the federal deficit for $1.3 trillion to $533 billion in four years.
He also will convene a White House summit on fiscal responsibility Monday with congressional leaders from both parties, as well as economists and interest group members.
Democrats nevertheless risk wearing out voters' patience with Congress' spending habits as the omnibus package arrives on the heels of a $700 billion Wall Street bailout and a $787 billion economic stimulus. It will be followed by the budget bill - likely sparking fresh debate over pork projects - and likely more pricey measures to prop up the financial, housing and automotive industries.
House Speaker Nancy Pelosi acknowledged the political risk associated with passing so much expensive legislation in such a short period of time.
(Excerpt) Read more at washingtontimes.com ...
Hey,Schumer,if their’s not porkie bits,then take a bite!
It also mentions they (Democrats) are going to sneak in full voting rights to the District of Columbia.... even though the Constitution says only States are allowed...
($410 Billion OmniObamabus Spending Bill)
Honk if ya like OPM!
Time for Texas to split into five states as was promised.
Absolutely not! We were the Republic of Texas once, and please God, we will be again!
Market Plunges to 1997 levels
— still falling. Where’s Messiah? All Hail (Capitalism DeathWatch)
YahooFinance | YahooFinance
Posted on 02/23/2009 12:17:36 PM PST by quesney
http://www.freerepublic.com/focus/f-news/2192172/posts
Spend spend spend.....tax tax tax
Dow -227 and falling. Cloward-Piven on display.
I believe we are going to have to keep our gas tanks full like we do for hurricane season...
Just so we can get to higher ground when the bubble bursts...
I don’t want to be around much longer where we are at when that happens...
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