Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
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The Trump administration and congressional leaders, including Democrats, have reached a critical debt and budget agreement that all but eliminates the risk of another government shut down this fall -- but that has already drawn fierce blowback from fiscal conservatives worried about overspending, as well as progressives unhappy with where the money could go.
The deal announced Monday evening, which requires congressional approval, would increase spending caps by $320 billion relative to the limits prescribed in the 2011 Budget Control Act, whose spending-control provisions have been repeatedly waived since 2014. It also would suspend the debt ceiling and permit more government borrowing until July 31, 2021 -- after the next presidential election.
In the end, domestic programs would on average receive 4-percent increases in the first year of the pact, with much of those gains eaten up by veterans increases and an unavoidable surge for the U.S. Census. Defense would jump to $738 billion next year, a 3-percent hike.
Kentucky Sen. Rand Paul, a Republican, called the deal a "huge mistake" because it gets rid of automatic spending cuts.
“Democrats are also pleased to have secured robust funding for critical domestic priorities in this agreement," they said. "Democrats have always insisted on parity in increases between defense and non-defense, and we are pleased that our increase in non-defense budget authority exceeds the defense number by $10 billion over the next two years. It also means Democrats secured an increase of more than $100 billion in funding for domestic priorities since President Trump took office."
"I'm worried the House is willing to give him far too much discretion to take money and move it anywhere he wants including a wall," Leahy, D-Vt., told The Washington Post. "So the way it is now I will not vote for it. . . . The other 99 can vote for it, I won’t."
Trump announces 'real compromise' on budget deal, as fiscal hawks and some Dems cry foul
This is what a mixed party government looks like. To get what I want, I have to give you something that you want. In the end, it increases deficits and debt that will be a burden on all future taxpayers.
I get so sick of the uninformed voters placing blame on out of control spending exclusively on the President. In a mixed party government, everybody is responsible. If the President gets all what he wants and the Democrats get little, the government shuts down. If the Democrats get the largest piece of the cake and the President a slice, the government shuts down.
So if this bill passes, I don't want to hear you libs stating that the out of control spending is all Trump's fault.
The deal announced Monday evening, which requires congressional approval, would increase spending caps by $320 billion relative to the limits prescribed in the 2011 Budget Control Act, whose spending-control provisions have been repeatedly waived since 2014. It also would suspend the debt ceiling and permit more government borrowing until July 31, 2021 -- after the next presidential election.
In the end, domestic programs would on average receive 4-percent increases in the first year of the pact, with much of those gains eaten up by veterans increases and an unavoidable surge for the U.S. Census. Defense would jump to $738 billion next year, a 3-percent hike.
Kentucky Sen. Rand Paul, a Republican, called the deal a "huge mistake" because it gets rid of automatic spending cuts.
“Democrats are also pleased to have secured robust funding for critical domestic priorities in this agreement," they said. "Democrats have always insisted on parity in increases between defense and non-defense, and we are pleased that our increase in non-defense budget authority exceeds the defense number by $10 billion over the next two years. It also means Democrats secured an increase of more than $100 billion in funding for domestic priorities since President Trump took office."
"I'm worried the House is willing to give him far too much discretion to take money and move it anywhere he wants including a wall," Leahy, D-Vt., told The Washington Post. "So the way it is now I will not vote for it. . . . The other 99 can vote for it, I won’t."
Trump announces 'real compromise' on budget deal, as fiscal hawks and some Dems cry foul
This is what a mixed party government looks like. To get what I want, I have to give you something that you want. In the end, it increases deficits and debt that will be a burden on all future taxpayers.
I get so sick of the uninformed voters placing blame on out of control spending exclusively on the President. In a mixed party government, everybody is responsible. If the President gets all what he wants and the Democrats get little, the government shuts down. If the Democrats get the largest piece of the cake and the President a slice, the government shuts down.
So if this bill passes, I don't want to hear you libs stating that the out of control spending is all Trump's fault.
