Posted on 04/13/2011 2:50:22 PM PDT by IbJensen
(CNSNews.com) - The budget deal cut late Friday by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) will allow $3.7555 trillion in federal spending in this fiscal year.
That is $773 billion more than federal spending was in fiscal year 2008--the fiscal year before Congress enacted a bailout for the banking industry requested by President George W. Bush and a $787-billion economic stimulus law request by President Barack Obama.
On Friday night, Boehner and Reid released a joint press statement saying that together with President Obama they had reached an agreement to cut spending in fiscal year 2011 to a level $78.5 billion below the president’s original budget request. “We will cut $78.5 billion below the President’s 2011 budget proposal,” they said.
President Obama’s 2011 budget proposal asked for $3.834 trillion in spending. Subtracting $78.5 billion from that leaves $3.7555 trillion in spending.
In fiscal 2008, according to the Office of Management and Budget, the federal government spent $2.982544 trillion--or $772.95 billion less than the $3.7555 trillion the Boehner-Obama deal will allow the federal government to spend this year.
That $773 billion in spending that the federal government will do this year over and above the federal spending level of 2008 equals 98 percent of the $787 billion stimulus signed by President Obama in February 2000—on the premise that it was a one-time, short-term spending escalation needed to pump up the economy in a time of recession.
The best option would be to replace Boehner with Ron Paul!
Why, since the House has Constitutional authority over the budget are negotiations being conducted in the White House? Do the House chambers not include a meeting room they could use? Why do the sides consist of Soetoro/Obama, Reid, Biden one one, and Boehner (alone) on the other? As a minimum, the House Republicans need to have an emergency caucus and consider whether the current Speaker is the best they can do! The Speaker is their responsibility, and we will hold each accountable for his/her performance.
It is time for Boehner to go already? He evidently is totally ignorant of what must be done to save America.
Thinking Amercans are really disgusted at the moronic politicians failure who fail to understand the WILL OF THE PEOPLE.
I doubt if I will live to see the America that we are leaving to our grand-children.
Why aren't all the central socialist government's agencies being axed? Chop from Environmental to Homeland Insecurity!
Yesterday I asked a question that Boner made out to look real foolish, has he learned a lesson?
Well, has he? Did he draw the right conclusion?
Seems like Boehner needs an early retirement and pasturing to the fields of Viagra commercials. He obviously has no balls and acute erectile dysfunction when it comes to standing up to Zero and co. on matters of taxing and spending more than the US can afford.
Yup, spineless.
Boehner is a ‘dandy’ guy. He has always looked like a man dedicated to making a good impression. For me he has little to give in exchange for my part of this Nation, and that is darned small. There must be better Republicans to make my part worthwhile.
Boehner is a ‘dandy’ guy. He has always looked like a man dedicated to making a good impression. For me he has little to give in exchange for my part of this Nation, and that is darned small. There must be better Republicans to make my part worthwhile.
Boehner is a ‘dandy’ guy. He has always looked like a man dedicated to making a good impression. For me he has little to give in exchange for my part of this Nation, and that is darned small. There must be better Republicans to make my part worthwhile.
They wanted to punt to the GOP Congress knowing they would not have the hearings, process that SHOULD HAVE BEEN DONE all last year.
Boehner was handed an ad hoc process and the Dems got their way...conservatives are sniping at Boehner.
The Ryan budget is the first real GOP budget. I look forward to the hearings.
What does Obama do for fun?
Plays with his Boehner.
SHUT UP boner! You backstabbing girly man weasel!!
Boo-hoo!
Again I ask “What has changed since the last election?” And the answer is “Nothing”. The same people are in charge. They just have a different letter after their names.
Obozo probably does do weird things to himself when alone.
How would you like to look at Moosehell across the breakfast table each morning before she had a chance to girdle in her attached pinochle table?
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