Washington Times - When President Obama rolls out his 2012 budget Monday, it will sound the starting gun on a three-month sprint that will determine just how serious Washington is about translating its cost-cutting rhetoric into serious action to reduce staggering deficits. Mr. Obama’s budget marks the beginning of the 2012 budget fight, but it also sets the tone for how Congress tackles the debt ceiling, likely in April.
With the federal government still operating on stopgap spending, Congress and the White House still have to hash out the 2011 spending bills that are more than four months overdue. At stake is nothing less than the fiscal health of the country. “The next few months are absolutely critical,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. “The process of putting the budget pack on track will either begin in earnest, or politicians will collectively bury their heads in the sand and continue their partisan bickering, pushing off the moment of change to beyond the next election cycle and potentially risking that a fiscal crisis hits us before we make changes on our own terms.” Read full story
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Budget Brawl Looms
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The democrats STILL don't get it. A tax increase on small business owners will CONTINUE to stifle job creation. The second unemployment seems to have been decreased by even a half percent these idiots want to increase taxes on Americans. It's clear that another drubbing of the democrats at the polls will be the only remedy for the economy. I hope the republican led congress shuts down the government before they agree to raise taxes and kill more jobs. How will we ever get back to full employment as long as there are enough democrats in the senate and the congress to filibuster reductions in spending and override presidential vetos?
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