Newest spat in Congress not helping economy
September 22nd, 2011
03:08 PM ET
3 years ago

Newest spat in Congress not helping economy

Washington (CNNMoney) - In a year when lawmakers barely averted a federal shutdown and a default on its debts, Congress is poised to spread more uncertainty on an economy already suffering from a consumer confidence crisis.

The latest spat on Capitol Hill is over how to relieve disaster-struck states. It threatens to hold up a stop-gap budget measure needed to avert a federal shutdown when the new fiscal year begins Oct. 1.

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Filed under: Congress
soundoff (10 Responses)
  1. Rudy NYC

    Why is it that the Republican leadership has not presented a budget for FY2011-2012 yet? Inquiring Americans want to know.

    September 22, 2011 03:23 pm at 3:23 pm |
  2. rs

    You have to give them credit. When the GOP/TP declares economic war on America- they do a really good job of it.

    September 22, 2011 03:27 pm at 3:27 pm |
  3. GonzoinHouston

    A GOP/TP split is starting to look more likely. They act less and less like republicans and more and more like a third party. If Sarah steps into the primary race, she could lead the TP out of the GOP and right into oblivion, where it belongs.

    September 22, 2011 03:50 pm at 3:50 pm |
  4. Sniffit

    GOP: "Mission Accomplished"

    September 22, 2011 03:52 pm at 3:52 pm |
  5. vic , nashville ,tn

    Watch the stock market today not good news for investors,
    Wealthy nations are holding back why ?
    Step up and stimulate the economy

    September 22, 2011 03:54 pm at 3:54 pm |
  6. RAY

    You get what you vote for

    September 22, 2011 04:05 pm at 4:05 pm |
  7. Four and The Door

    Rudy NYC
    Why is it that the Republican leadership has not presented a budget for FY2011-2012 yet? Inquiring Americans want to know.
    ________________________________________________________________________________________________
    The Republican leadership in the House of Representatives on April 5th of this year did introduce a budget for the next decade. You may know it as the Path to Prosperity. It cuts $6.2 trillion in spending over the next 10 years, reduces the debt as a percentage of the economy and gives America a path to actually pay off the $15 trillion debt. The budget brings federal spending to below 20% of gross domestic product and reduces deficits by $4.4 trillion. Obama has not come up with much more than proposals for increasing taxes on the people who pay the highest taxes now anyway. Nice plan, huh?

    September 22, 2011 04:06 pm at 4:06 pm |
  8. SPENDMO

    The Republicans wants to beat the devil out of you. Pain is good. They believe government shouldn't anything that benefits its ordinary citizens or the human race for that matter. If it was up to them they would still have slavery and argue about its good merits, they are good at naming post offices in Guam. I need that job with the special retirememt benefits thats better than the average person. I would be rich in a destoyed economy.

    September 22, 2011 04:08 pm at 4:08 pm |
  9. sonic10158

    Why can't the two (soon to be three) parties actually do anything good?

    September 22, 2011 04:16 pm at 4:16 pm |
  10. Sniffit

    "The Republican leadership in the House of Representatives on April 5th of this year did introduce a budget for the next decade. You may know it as the Path to Prosperity. It cuts $6.2 trillion in spending over the next 10 years...." etc

    Yep, and it repeals and replaces Medicare with Ryan's CouponCare Crapshoot voucher program that would slowly attenuate benefits and destroy Medicare for future generations and have them paying an ever increasing amount out of their own pockets. Ryan's Pathology of Plutocracy is an albatross around the GOP's neck...there's a reason you haven't seen them pushing it the way Obama is pushing his jobs bill proposal: they know it's a loser.

    September 22, 2011 04:39 pm at 4:39 pm |