Posted on 12/12/2014 9:27:00 AM PST by Kaslin
WASHINGTON - The nation's divided Congress battled down to the wire this week over its budget for the rest of this fiscal year -- hoping to avoid a government shutdown.
The $1.01 trillion spending bill must be passed before midnight Thursday, though at this writing few were placing any big bets on meeting that deadline. Still, Congress has dodged budget deadlines before and may do so again. If for no other reason than to drive a stake through the heart of a bitterly divided, unpopular legislature that can't seem to agree on anything except going home for the holidays.
This was the last gasp of a lame-duck Congress before the Republicans can welcome their strengthened majority in the House and take control of the Senate in January -- and begin to chart a new agenda to deal with America's most pressing problems.
So, with some exceptions, both sides seemed willing to deal without triggering another legislative stalemate at a time when Americans are sick and tired of them.
As budgets come and go, this one was full of trade-offs between the two parties on both sides of the Capitol made up of 535 men and women who, if given the opportunity, would write 535 different budgets.
The House GOP budget would cut $60 million from the Environmental Protection Agency, signaling that the days of giving EPA everything President Obama wants are over.
And it will slice $346 million out of the Internal Revenue Service, which Obama had turned into a political arm of his 2012 campaign. It prohibits the agency from targeting conservative groups applying for tax-exempt status based on their ideological views.
The Pentagon will get more than half a trillion dollars in defense funds, including $128 billion to maintain an army of 1.3 million active-duty soldiers.
And $73.7 billion to combat global terrorism, including $3.4 billion to continue bombing Islamic terrorists in Iraq and Syria.
But Republicans said all the budget cuts, big and small, were little more than a preliminary down-payment on the future spending reductions they plan to make in the future.
A major GOP change in economic policy, which had the liberals screaming bloody murder, were new deregulations in the 2010 Dodd-Frank law's restrictions on the banking industry.
Leftist Sen. Elizabeth Warren of Massachusetts called the rule changes "the worst of government for the rich and powerful." Former congressman Barney Frank, who co-authored the act, called it "an absolute outrage."
Republicans and top Wall Street leaders said the stricter derivative transaction rules enacted in the aftermath of the 2008 banking crisis have significantly reduced the financial community's ability to soften investment risks and that has weakened economic growth.
But reaction was surprisingly muted in the White House and even among some Democrats.
"I think the relaxation that is involved here is not as likely to generate abuse as is being suggested," said. Rep. James P. Moran, Democrat of Virginia, who had voted for similar rules changes in 2013 that drew the support of 70 Democrats.
Josh Earnest, the president's press secretary, said that "it is certainly possible that the president could sign this piece of legislation" despite the removal of a key reform in the Dodd-Frank law.
In what was a clear signal from the White House that it wants a budget passed, even with the GOP's Dodd-Frank changes, Earnest told reporters, "We certainly don't want to see a government shut-down."
A further sign the Republicans were flexing their political muscles well in advance of their takeover next year dealt with Obama's disputed executive actions to allow children of illegal immigrants to remain in the U.S.
Notably, their budget bill would fund the Department of Homeland Security, which enforces U.S. immigration laws, only until Feb. 27.
That's when House GOP leaders intend to press ahead with their own legislative response to Obama's action that could include withholding funds to carry out his illegal plan.
In short, this budget is a shot across the bow, declaring that it's no more Mr. Nice Guy.
Republicans will be in charge of Congress for the next two years and beyond and Obama had better get used to it for the remainder of his second term.
What this mean in terms of the big economic and fiscal issues that have plagued his presidency still remains to be seen.
The administration is still running annual budget deficits in the neighborhood of half a trillion dollars and that's led to a national debt of more than $18 trillion.
But Obama has been AWOL on this issue from the start. He didn't seek the presidency to cut wasteful, uncontrolled and needless spending, but to build upon it by proposing one extravagant, spend-thrift budget after another.
And in the first two years, the Democrats were happy to go along with him. That slowed a little when the GOP won control of the House in 2010, but with the Democrats still in charge in the Senate, spending was on automatic pilot.
Indeed, Senate Democratic leader Harry Reid, who is on record saying "we don't need a budget," routinely sent the GOP's House-passed bills into oblivion.
Now the purse strings of Congress are in the hands of the GOP, beginning in 2015 and they've got something to prove to the voters.
That they can produce a budget for the next fiscal year that reins in the deficit, while overhauling the tax code to give us the kind of pro-growth, pro-investment reforms that will yield higher revenues through lower tax rates.
But Republicans will face one obvious legislative hurdle at the other end of Pennsylvania: A president who for the last six years has presided over record budget deficits and has persistently called for higher, job-killing taxes.
We may have to wait until after the 2016 election to deal with that one.
But giving him everything he wants.
“Yeah....we’re really givin it to’em!”
“This baby really packs a punch!”
From an older SF movie.
Wow! Talk about delusional.
(??) Who is the “Donald Lambro” guy, anyway, and why is he allowed the use of such potent hallucinogens?
Add to this list the elimination of the entire Dept of Energy, Dept of Education, Dept of Health and Human Services, Labor Dept, Dept of Housing and Urban Development, Dept of Transportation, Dept. of Agriculture, Dept of the Interior, Dept. of Commerce. Now that is a start and look for additional Cuts after the above eliminations. Go with a 0 base budgeting system, not what did you spend last year and how much more can you spend.
Prove it by passing a 6 week CR.
Let the will of the people go into the 2015 budget.
Gosh. Lambro used to seem sane.
Kinda hard to hear that when they’re all bent over with their butts in the air, isn’t it?
“GOP to Obama: We’re Writing the Budget Now. Get Used to It”
So here! You will take TWICE what you want! BOOM!
... said Obama's stenographer, John Boehner.
Well, Boehner and others surrendered their power of the purse until next Fall when the fiscal 2016 bidget will be worked out.
“Lipstick On A Pig” comes to mind.....Gruber tactic of telling people what they want to hear (lying) at work here....
” But giving him everything he wants.”
Literally, EVERYTHING.
I'm confused about $ 1.01 Trillion as the spending bill.
If last year they spent over $3.4 Trillion, how can $1.01 T be enough for 9 months?
What trick are they using that I'm not seeing?
I believe this is all “Kabuki Theater” for the benefit of those who think otherwise.
GOP to Obama: We’re Writing the Budget Now. What Do You Want In It?
Like one spouse swiping the credit card with impunity while the other follows, ongoing screams of “stop it! we don’t have the money!” duly ignored and bills duly paid (even if by paying the Visa with the MasterCard). Now we’re on to “I really mean it this time! Come he11 or high water, you’re going to adhere to the budget I’ve written which gives you everything you want!”
I’m wondering that too.
And, should it be truly the wonder of a “balanced budget” we dream of, what on Earth is going to hold POTUS to spending no more than that when he’s used to 3 times that much and intends to spend even more?
Where’s the brakes on this thing?
I like Donald Lambro, but this line made me literally laugh out loud. Lambro is definitely smoking the hopium on this one.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.