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 ...
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.
The Dementoid from Dundalk strikes again!
Maryland “Freak State” PING!
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