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BREAKING: House passes 2011 budget deal

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Viva_La_Revolution Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:09 PM
Original message
BREAKING: House passes 2011 budget deal
Source: cnn

Washington (CNN) - The House of Representatives passed legislation Thursday funding the federal government for the remainder the current fiscal year and cutting $38.5 billion in spending.

The bill is also expected to be cleared by the Senate on Thursday and then signed into law by President Barack Obama.

Read more: http://politicalticker.blogs.cnn.com/2011/04/14/breakin... /
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:12 PM
Response to Original message
1. Well, there it is. Nt
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apnu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:14 PM
Response to Original message
2. Yay, and the CBO says it actually cuts 353 million and nothing else.
How proud are you of this bill GOP?
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-15-11 05:37 AM
Response to Reply #2
10. "and nothing else." $352 million today AND departments limited on how much they may spend
Edited on Fri Apr-15-11 05:38 AM by No Elephants
on a program in total.

Saying it's billions or trillions is misleading, but so is saying it's only $352 million and nothing more. And members of Congress of both Parties have been misleading us both ways.
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:14 PM
Response to Original message
3. After "The Speech"
I guess they decided better to not up the ante.
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hootinholler Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:14 PM
Response to Original message
4. Um, isn't the actual cut $352 Million?
As reported earlier in the week.

-Hoot
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Snoutport Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:20 PM
Response to Reply #4
5. It IS a hoot!
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Iliyah Donating Member (828 posts) Send PM | Profile | Ignore Thu Apr-14-11 02:21 PM
Response to Reply #4
6. Are you
kidding? Kinda make the gopers look dumb. The cuts still hurt tho. Now raise the taxes on the rich and get out of the wars, I bet we would see the deficit go down, quickly. Also may help create some jobs.
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:49 PM
Response to Reply #4
8. So in other words the repukes were full of shit.
no surprises here.
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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 02:24 PM
Response to Original message
7. So glad to see this after seeing other threads on possible Republican defections
Even with some things we don't like, this at least means no more continuing resolutions. So, now we just need to get the debt limit raised, with no hostages. I think then, we need to be able to contrast in real simple terms - Obama vs Ryan. If we can get through the RW noise, there should be no contest. Any non-wealthy person under 55 that votes for this is either very altruistic towards those poor rich guys - or they are not getting the truth.
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ProgressiveEconomist Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 06:01 PM
Response to Original message
9. House Passes Compromise Budget Bill
Source: NY Times

By JENNIFER STEINHAUER and CARL HULSE April 14, 2011

WASHINGTON The House on Thursday passed compromise legislation to finance the federal government through the end of the fiscal year in September. The vote brought one budget clash to a close even as the Democrats and Republicans prepared for another. The vote was 260-167, with 59 Republicans breaking ranks with their party leadership to vote against the deal, which calls for $38 billion in spending cuts this year. The Republican defections, a result of opposition from conservatives who said the bill did not do enough to rein in spending, forced the House speaker, John A. Boehner of Ohio, to turn to Democrats to pass the bill and keep the government from shutting down. Afterward, the bill moved to the Senate, where it was expected to pass quickly and be sent to President Obamas desk. ...

Before the vote, Mr. Boehner pushed back against criticism that the agreement he struck with President Obama and Senate Democrats relied too heavily on budget gimmicks. These are real cuts, Mr. Boehner said, adding that those who thought that some of the reductions were illusory because the money would not have ultimately been spent were kidding themselves. ... The Republican leadership had hoped to avoid depending on Democratic votes to pass the bill because party fissures could weaken Mr. Boehner in coming budget negotiations. But in the end, the bill would have failed without them. Eighty-one Democrats backed the bill, while 108 voted against it. Among freshman Republicans, many of whom won office last November on promises to rein in spending, 60 voted in favor while 27 said no. Mr. Boehner and his allies have been working over the past few days to contain conservative criticism that the spending legislation was inadequate, falling well below initial Republican aspirations
for $61 billion. ...

The resistance to the spending measure came after reviews of the proposal found that many of its significant cuts, including some involving health care, would not reduce federal spending now because the money in question was not likely to be spent for years, though budget rules allow the cuts to be counted as a current reduction. According to a Congressional Budget Office report, the bill would produce only $350 million in tangible savings this year, in part because cuts in domestic programs were offset by an increase of about $5 billion for Pentagon programs. When projected emergency contingency spending overseas is figured in by the budget office, estimated outlays for this year will actually increase by more than $3 billion. ..."
%B= :9:

Read more: http://www.nytimes.com/2011/04/15/us/politics/15congres...
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