The shutdown is Democratic policy, not Republican. Want to talk about "compromise?" "My way or the highway?"
Fiscal collapse and debt overload from entitlement spending is no different than collapse from discretionary spending.
We are printing a trillion a year out of thin air to hold the stock market up. With record tax receipts--after taxes on the rich were increased--we are still looking at a deficit this year of over $700 billion. The Federal budget right now is over $800 billion more a year (constant dollars) than it was ten years ago, at record levels both in dollars and percent of GDP, yet we somehow can't find the money to keep parks open for a week.
The Democrats had this shutdown planned for months, and have been manipulating the debt numbers to time it. The ceiling vote should have taken place months ago.
Current Events » in reply to revenues are high, and discretionary spending is down, by your links.
The GOP is attempting to slow down or stop another massive entitlement.
The whole thread (27 posts)
- Something to think about over the next few days of budget kabuki
- Any thoughts on the market jump after the "shut down"?
- Kabuki! I wonder how you would have termed it had it been Democrats vs. Bush.
- revenues are high, and discretionary spending is down, by your links.
- Hardly that simple
- " last time the Senate produced a budget " - March 12th, 2013
- What majority? The GOP lost two elections and only hold the House.
- The GOP is attempting to slow down or stop another massive entitlement.
- Hardly that simple