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House Panel Approves $3.5 Trillion Budget

From an elated Reuters:

House panel approves $3.45 trillion budget

By Richard Cowan And Jeremy Pelofsky

WASHINGTON (Reuters) – A key congressional committee on Wednesday approved a $3.45 trillion budget framework for next year that embraces many of President Barack Obama’s priorities but spends slightly less than he sought.

After a long debate that went well into the night, the House of Representatives Budget Committee approved the blueprint along party lines 24-15 in response to the $3.55 trillion plan Obama submitted last month.

While Obama did not get everything he wanted, Democrats who control the committee included most of his priorities, including significant new investments in education and reforming the $2.5 trillion healthcare system to cover millions of uninsured Americans.

Obama, speaking at an evening Democratic Party fund-raiser, challenged his opponents to present alternatives instead of just criticizing.

"To a bunch of the critics out there, I’ve already said, ‘Show me your budget!’ I’m happy to have that debate." The Democratic president argues the investments he seeks, while expensive, will help pull the economy out of recession.

The House budget measure, which Republicans opposed because of its price tag and tax hikes on the rich and some small businesses, also endorses the development of alternative renewable energy. But like the healthcare provision, other committees in Congress would have to work out the details and find a way to pay for those plans…

The nonpartisan Congressional Budget Office last week estimated that Obama’s budget would balloon the deficit by $9.3 trillion over the next decade

Among items deleted by the House panel were Obama’s request for $250 billion in case additional money is needed to bail out banks and other financial firms. A new $400 tax cut for workers would vanish after next year unless Congress finds a way to pay for it.

Committee Democrats said their proposal would cut the deficit to $586 billion in 2013, an attempt to reach Obama’s pledge to cut the budget deficit in half. But it would grow again to almost $600 billion in 2014.

The plan sought by Senate Democrats would see the deficit drop to $570 billion in 2013 and down to $508 billion in 2014.

During the 12-hour debate, Republican amendments to freeze domestic spending except for defense, prevent tax cuts from expiring and expand oil and gas exploration failed on party-line votes.

No, Mr. Obama did not get everything he wanted.

Such as the tax cuts for 95% of Americans, which he promised constantly throughout his campaign.

A detail that Reuters doesn’t even bother to mention. (Of course they too realized it was never a serious pledge.)

After a long debate that went well into the night, the House of Representatives Budget Committee approved the blueprint along party lines 24-15…

Ah, yes, such a long debate about a budget whose size is unprecedented in our nation’s history.

But why worry? These are “investments” and “reforms.”

How could they hurt the country?

Obama, speaking at an evening Democratic Party fund-raiser…

Our economy is in a shambles – and Mr. Obama is attending Democrat Party fundraisers?

Imagine if Mr. Bush had done this?

This article was posted by Steve on Thursday, March 26th, 2009. Comments are currently closed.

14 Responses to “House Panel Approves $3.5 Trillion Budget”

  1. Right of the People says:

    Got to get the 2012 campaign moving, only 43 months left until the election.

  2. pdsand says:

    Sounds like the pretty much xeroxed it and voted on it, if you ask me.

  3. pdsand says:

    Oh, oh! Steve, didn’t you break the news here that House rules make tax cuts impossible anyway? Maybe that’s the reason why the tax cut got taken out isn’t newsworthy.

  4. proreason says:

    This “news” report appears to have been written by The Moron himself.

  5. Colonel1961 says:

    ‘Mr. President, may I ask you a question? If not, I’ll just write what I’m told.’

  6. BannedbytheTaliban says:

    ‘Show me your budget!’

    It is time the GOP started doing just that. Introduce a counter piece of legislation to every Democrat boondoggle they bring to the floor. Stop just voting no and start giving Congress a choice. I doubt any of it will pass, but at least will show flaws in the DNC plans, if merely by juxtaposition.

    tax hikes on the rich and some small businesses

    That is liberalspeak for successful businesses.

  7. pdsand says:

    Didn’t Mr. Boehner et al introduce an alternative stimulus plan? Didn’t Rush do the same? All this is fine for somebody to come out for news purposes and make a “budget” although it would be a time extensive waste of effort. Because as well all know, the rules in the House for amendments are now draconian, and if a Representative were to go to all the trouble to introduce an amendment to the bill to basically replace the President’s budget with the “republican alternative” it would just die on party line vote. If I were Obama I would ask for an alternative budget all day long, because a budget is the one exact piece of legislation that an “alternative” is truly a pointless exercise. How many months would it take to write, I too would encourage the Republicans to take their eyes off the prize for that long and spin their wheels for no legislative reason.

  8. Rusty Shackleford says:


  9. proreason says:

    Has The Moron mastered a new pose? It’s been a while since he upgraded his repetoire.

    This one is an interesting mix of benevolent giving with a contemptuous sneer. Very very liberal, almost Wallstreetian.

    I think this one should be called the Backhanded Blessing.

  10. Liberals Demise says:

    That BIG WHOOSH you heard was are nation being flushed down the shiiter!!
    65 days…..a new worlds record!!!!!!!!!!!!!!!!!

  11. BillK says:

    Did you notice that the quote:

    To a bunch of the critics out there, I’ve already said, ‘Show me your budget!’

    seems to be boilerplate now?

    The “critics” keep presenting their budgets time and again, and they keep getting shot down on pure party-line votes.

    Of course the press repeats the lies that Republicans are not presenting alternatives ad nauseum and it looks like the GOP is just a bunch of negative whiners.

    Excellent work, Mr. President.

    I hate what he’s doing, but you have to admire how well the Democrats are doing it and the fact that there’s not a damn thing we can do to stop it.

  12. canary says:

    Well, oOlbama still refusing states requests for National Guard on the borders.
    He wants Republicans to die off.

  13. cjokry says:

    When Bush was in office, Doonsberry’s author was asking, via his comic, where the myth of Republicans being more fiscally responsible came from. It seemed almost a valid point at the time. But after less than a hundred days in office and uncountable trillions borrowed and rolled off the presses to be set on fire and thrown into a few different bottomless pits, I think I have found yet another obvious answer to another liberal’s pointless question.

    I liked Bush’s fiscal irresponsibility way better: start an expensive war, but cut taxes AND mail everybody an extra check for a few hundred bucks and tell them to stimulate the economy with it. How come only failed banking corporations that contributed heavily to Obama’s campaign get checks to stimulate the economy now?

    • proreason says:


      “How come only failed banking corporations that contributed heavily to Obama’s campaign get checks to stimulate the economy now?”

      cjokry hit a home run with this one.

      The Republicans should pick this up and form a flying wedge with it into the end zone.

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