The House passed legislation today that would cut federal spending by $4 billion dollars. The final vote was 335-91. For at least a little while, a crisis has been averted and the federal government will continue to function. The next step is for the White House and lawmakers to work together to come up with a bill to set the spending levels through the end of fiscal year. Some say this is an early win for the Republican party which want to rein in the government's power. Congress avoided the same problem it ran into during Bill Clinton's presidency when they failed to pass a budget and certain federal programs halted work. The halt to the federal programs later hurt the Republican party, obviously they learned their lesson and aren't letting history repeat itself
My question to you is do you think that the Obama administration will be able to work with the Congress and create a follow-up bill in two weeks set out?
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1 comment:
This is probably the most annoying article I've every read (the Yahoo News one not Kayla's post)
It makes absolutely no sense to me. There is no mention at all what was cut from government spending. What was it? Medicare? probably not. Defense? too little was cut so probably not...THE SPACE PROGRAM?? maybe...hm...scandalous... my point here is this article says nothing about the bill at all except that it "cuts spending." THATS NOT NECESSARILY A GOOD THING. The idea should be to cut unnecessary spending not spending all together. All this probably does is lessen government power over businesses. This can cause them to make even worse decisions that can plummet the economy even deeper into a recession than it already is! Without knowing what was cut, we can't tell whether this bill is helpful or not. For all we know it could have cut education! Either the author of this article has a heavy republican bias or he's just an idiot (I'm gonna go with the latter).
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