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   MATZDOBRE      The Mad Dog Matzdobre Echo      343 messages   

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   Message 224 of 343   
   Jeff Binkley to All   
   Budget   
   03 Jul 10 06:16:00   
   
   http://www.humanevents.com/article.php?id=37893   
      
   House Democrats ‘Deem’ Faux $1.1 Trillion Budget ‘as Passed’    
   by  Connie Hair    
      
   07/02/2010    
      
      
   Last night, as part of a procedural vote on the emergency war    
   supplemental bill, House Democrats attached a document that "deemed as    
   passed" a non-existent $1.12 trillion budget. The execution of the    
   "deeming" document allows Democrats to start spending money for Fiscal    
   Year 2011 without the pesky constraints of a budget.   
      
   The procedural vote passed 215-210 with no Republicans voting in favor    
   and 38 Democrats crossing the aisle to vote against deeming the faux    
   budget resolution passed.    
      
   Never before -- since the creation of the Congressional budget process --    
   has the House failed to pass a budget, failed to propose a budget then    
   deemed the non-existent budget as passed as a means to avoid a direct,    
   recorded vote on a budget, but still allow Congress to spend taxpayer    
   money.   
      
       
      
   House Budget Committee Ranking Member Paul Ryan (R-Wisc.) warned this    
   was the green light for Democrats to continue their out-of-control    
   spending virtually unchecked.   
      
   "Facing a record deficit and a tidal wave of debt, House Democrats    
   decided it was politically inconvenient to put forward a budget and    
   account for their fiscal recklessness.  With no priorities and no    
   restraints, the spending, taxing, and borrowing will continue unchecked    
   for the coming fiscal year," Ryan said.  "The so-called ‘budget    
   enforcement resolution’ enforces no budget, but instead provides a green    
   light for the Appropriators to continue spending, exacerbating our    
   looming fiscal crisis."   
      
   As we reported on HUMAN EVENTS, CBO issued a dire warning about the long    
   term outlook for the budget.     
      
   "Yesterday, the Congressional Budget Office rang the latest fiscal alarm    
   with the release of The Long-Term Budget Outlook," Ryan said.  "Today,    
   Congress again hit snooze.  To avert a fiscal and economic calamity,    
   Washington needs to wake up."   
      
   Key points from the House Republican Budget staff on the House    
   Democrats’ deeming resolution:   
      
   -       This is not a budget. The measure fails to meet the most basic,    
   commonly understood objectives of any budget. It does not set    
   congressional priorities; it does not align overall spending, tax,    
   deficit, and debt levels; and it does nothing to address the runaway    
   spending of Federal entitlement programs.   
   -       It is not a ‘congressional budget resolution.’ The measure does    
   not satisfy even the most basic criteria of a budget resolution as set    
   forth in the Congressional Budget Act.   
   -       It creates a deception of spending ‘restraint.’ While claiming    
   restraint in discretionary spending, the resolution increases non-   
   emergency spending by $30 billion over 2010, and includes a number of    
   gimmicks that give a green light to higher spending.   
   -       It continues relying on the flawed and over-sold pay-as-you-go    
   [pay-go] procedure. Pay-go – which Democrats have used mainly to raise    
   taxes, and have ignored when it was inconvenient – does nothing to    
   reduce deficits or restrain spending growth in existing law.   
   -       Outsourcing fiscal responsibilities. The measure is another hand-   
   off by the Democratic Majority of Congress’s power of the purse – this    
   time relying on the Fiscal Commission created by the President to do    
   Congress’s job.   
      
      
   A full Republican Budget Committee staff analysis of the Majority’s    
   Budget Deemer: "An Admission of Fiscal Failure"    
      
   CMPQwk 1.42-21 9999    
   Hope and change = $1T deficit and 10%+ unemployment .....   
      
   --- PCBoard (R) v15.3/M 10   
    * Origin:  (1:226/600)   

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