Categorized | Politics
Senate follows House, passes Obama budget plan
by Babs
Posted on 03 April 2009 | 4:36 am 
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The U.S. House passed a $3.55 trillion budget for fiscal year 2010 Thursday night.
- Senate approves $3.53 trillion version of budget
- House budget passes 233-196 in party-line vote; no House Republican voted in favor
- Budget drops Obama’s $250 billion request for potential financial institution bailouts
The House budget largely tracks Obama’s initial proposed spending plan, with the exception of a decision to drop his $250 billion request for potential future bailouts of struggling financial institutions.
Fiscally conservative House Democrats, known as Blue Dogs, also negotiated with House Democratic leaders to cut $7 billion from the president’s $540 billion request for non-defense discretionary spending.
Under the House Democrats‘ plan, the federal government will run an anticipated deficit of $1.2 trillion in the next fiscal year. Their plan promises to cut the deficit by more than half by 2013.
House Democrats agreed to extend the middle class tax cut that was included in the recently-passed economic stimulus plan, but failed to specify how the cut would be paid for after 2010.
They also included language that allows for the controversial procedure called “budget reconciliation” for health care, a tool that would limit debate on major policy legislation.
Senate Democrats did not include reconciliation in their version of the budget. The matter is guaranteed to be a major partisan sticking point when the two chambers meet to hammer out a final version of next year’s spending plan. If it passes, it would allow the Senate to pass Obama’s proposed health care reform without the threat of a Republican-led Senate filibuste
http://www.cnn.com/2009/POLITICS/04/03/us.house.senate.budget.passes/i ndex.htm
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242,005 Comments Since March 2009 
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Go President Obama!! Now do you see why i adore this man? Aren’t we lucky to be living during this time?
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Another step in the right direction, eh?
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That is the most important part of the budget plan for me personally and for the 48,000,000 other uninsured Americans that NEED affordable healthcare desperately.
Bravo Dems we might get some real change after all.
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3.53 trillion! What an awful lot of money. I doubt even Geithner can fully grasp it: it’s not the kind of figure the brain can easily wrap itself around.
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April 3rd, 2009 at 10:02 am
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It’s a big number for sure but it’s necessary because of the years of neglect under W’s dictatorship. Every single instance of domestic spending from transportation, veterans affairs, park services, food stamps, head start, etc have been neglected to fund wars and the newest boondoggle the Department of Homeland Security. I even had saying that it sounds so Reich.
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April 3rd, 2009 at 10:09 am
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Remember the Fram ad from years ago? “You can pay me now…or pay me later.”
And I’m with you when it comes to the DHomelandS – even the name sucks.
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April 3rd, 2009 at 10:15 am
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Yep, shades of Protecting the Fatherland.
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Excellent.
Whatever happened to that huge rebellion by “moderate” Democrats that the MSM (and certain web sites) was playing up for weeks? Looks like much ado about nothing.
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April 3rd, 2009 at 9:58 am
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10 Democrats did join w republicans to protect tax breaks for the wealthy by voting against an amendment that would have raised the inheritance tax. So they made their little stand for their rich friends.
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April 3rd, 2009 at 10:00 am
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One of the Dems from Arkansas is in the pocket of the Walton’s family. Sigh
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April 3rd, 2009 at 1:19 pm
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I was really disappointed to hear the names of these senators. Bayh is no surprise. But Mary Landrieu? That surprised me.
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April 3rd, 2009 at 10:09 am
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Sure, but nothing like the huge “rebellion” we’ve been hearing about.
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April 3rd, 2009 at 10:16 am
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The Blue Dogs just don’t have the numbers to revolt. And they’ve lost their grip on the party. Thank freaking goodness.
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Wow. Sounds good! Thanks, Babs!!
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