Democrats to 2010 Budget: We're Just Not Into You
Rob Long ·
Jun 22, 2010 at 5:19pm
Democrats in the House have announced that they're just not into doing a budget this year. Bear in mind that making a budget is pretty much the most important thing that the House does.
Why the trouble? Because a budget mean making choices. It means figuring out how to pay for everything they've bought over the past year and a half. The choices are simple, and impossible: cut stuff, or raise taxes.
So they've done what every everyone does when they have a spending problem: they've decided to ignore it. To kick the can down the road. To hide the credit card bills.
Until after the midterms.
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Comments :
May '10
Re: Democrats to 2010 Budget: We're Just Not Into You
And they wonder why the economy is still in the tank. How are businesses to plan for 2011 when they don't even know the most basic of considerations, like the tax code?
Re: Democrats to 2010 Budget: We're Just Not Into You
Right -- although most business (and people) know which direction taxes are headed: up. It's another example of the enormous advantages big businesses have when confronting a high-tax economy: they can hire lobbyists and fixers to cut all sorts of deals during the tax-writing process, while small and start-up businesses are left out.
May '10
Re: Democrats to 2010 Budget: We're Just Not Into You
Related to this -- I was stunned to see Sect'y Gates clucking his tongue to Congress about passing the war funding supplemental spending measure. Talk about deja vu...didn't the President make a big deal about how he was budgeting for the War and there were to be no more non-budgeted supplemental spending measures? None of the coverage of the supplemental seemed to bring up that point. What did I miss?