Posted on 12/10/2013 5:20:04 PM PST by Sub-Driver
Goodbye, sequestration! (For now. Maybe.)
After years of partisan discord, can Congress agree to a budget compromise?
Chris Moody, Yahoo News By Chris Moody, Yahoo News 1 hour ago
The bipartisan spending resolution released Tuesday after months of negotiations gives Congress a final opportunity to save face after a congressional year known best for a government shutdown, inactivity and bickering.
Will they take the opportunity?
The budget chiefs, Democratic Sen. Patty Murray of Washington and Republican Rep. Paul Ryan of Wisconsin, unveiled a two-year budget blueprint Tuesday evening that would avoid the possibility of a government shutdown scenario next year. According to Paul and Murray, the resolution would reduce the federal deficit by up to $23 billion over two years without raising taxes and provide $63 billion in what the lawmakers called “sequester relief" that gives spending flexibility to bipartisan interests like education, medical research and defense. That "relief" is offset by other "deficit-reduction provisions," which will be released soon. The resolution would set spending at $1.012 trillion, and $1.014 trillion in FY 2014 and FY 2015, respectively.
The agreement will by no means resolve major differences between the parties in the long run or solve the nation’s ongoing debt and deficit problems. (One observer dubbed it “The Bland Bargain.”) But it's a start, and offers a small opening of bipartisan agreement largely unseen in Washington for years.
Ryan and Murray are both aware they aren't making history, calling the new blueprint “a step in the right direction” and “a clear improvement on the status quo.” If passed, the budget resolution would “get our government functioning at the most basic levels,” Ryan said.
(Excerpt) Read more at news.yahoo.com ...
Ryan can go to hell!!!
vote the socialist bastard out!
The deficit is $1,275,000,000,000 and they are going to reduce it $23,000,000,000 isn’t that same as 23/1275?
So what is that like a reduction of 0.2%
Its a good beginning... I was worried we’d be left with a “hollowed-out” military. That has been averted and we’re still going to see cuts in spending, just not the senseless cuts imposed by the sequester.
It is perfect? No - but nothing life is and its a modest Christmas going away present.
ryan / boner are rushing to pass the budget so they can move on to ‘comprehensive immigration reform’. we’re screwed
Does anyone have a link to the Website where the details are posted (according to Ryan)? That’s where the “devils” reside.
I haven’t been able to find it yet.
This is the best analysis of the deal I’ve read so far:
Bottom line - it sucks rotten eggs and the RINOs are selling us out again.
I bet on closer examination of the proposed agreement, there will be plenty of revenue increases in the form of fees (no taxes) and few real cuts, which will be made years from now. This is all smoke and mirrors to avoid another showdown with the Dems who have all the leverage.
Raises the federal Airline ticket fees from 2.50 each way to 5.00 each way. Another tax.... oops FEE.
Spend, spend, spend ...
At $682b in 2013, our defense expenditures are 4x China's and more than the next 10 countries put together. No danger of hollowing out from $50b in sequester cuts that take the number down to $632b, after which the usual automatic inflation multiplier is added on for the rest of time.
Can’t agree: they’re JUST SPENDING MORE money.
If they had made some responsible decisions instead of JUST SPENDING MORE money... but they didn’t.
They won’t keep gutting the military: without a robust military they will not be able to borrow so much, nor maintain the dollar as the reseve currency.
Heard Ryan on Levin’s show tonight.
It’s all window dressing, it’s all designed to give talking points to the RINOs facing primary challengers.
It doesn’t do a damned thing except IMMEDIATELY raise spending and make ‘cuts’ in the increase of the rate of spending growth OVER TEN YEARS.
Its nothing but bovine excrement designed to silence the Conservatives in the Tea Party.
This is like a bunch of people in a sinking boat arguing over how to fix the 10 ft hole and compromising by enlarging the hole to 12 ft. instead of 15 ft. Rejoice!!
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