Saturday, July 31, 2010

No budget for 2011?

In case you missed it on July 1st the House Democrats deemed as passed a budget that wasn't a budget.  The $1.12 trillion dollar bill was attached to the end of an emergency war supplemental bill that passed with a procedural vote by 215 to 210.  As a side note, not a single Republican voted for the bill and 38 Democrats voting against.

This gives Democrats the ability to start the spending for fiscal 2011 early and puts no limits or restraints on how the money gets spent.  Also there is no limit to the "Emergency Spending" that might take place.

In other words, is a blank check for them to do with what they will.

Representative Paul Ryan (R-Wisconson) issued a scathing report on behalf of The Committee on the Budget.  An excerpt is below.

What House Democratic leaders call a “budget enforcement resolution” is in fact just another
“deeming” scheme – one that concedes they cannot meet their most fundamental governing
responsibility: writing a congressional budget. They have created a masquerade that only
advances their spend-as-you-go philosophy, accelerating the march toward a fiscal and economic
crisis. They are doing so because a majority of rank-and-file Democrats cannot vote for a budget
with trillion-dollar deficits. As even House Budget Committee Chairman Spratt has
acknowledged: “You can say that that’s a lack of courage.”1 The analysis below makes the
following points:


  • 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. Paygo – 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. The pay-go statute adopted in this resolution does  not correct its fundamental flaws.P 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.

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