Fights brewing over House Republicans' budget
March 17th, 2012
09:21 AM ET
11 years ago

Fights brewing over House Republicans' budget

(CNNMoney) - Lawmakers won't be finalizing too many financial decisions before the November elections. But they're about to engage in yet another fight that could risk a government shutdown in the fall.

That would add to the fiscal hurricane set to hit right after Nov. 6. That's when the lame duck Congress must decide what to do about the expiration of the Bush tax cuts and the Medicare "doc fix" on the eve of deep, automatic spending cuts that nobody wants.


Filed under: Budget • Congress
soundoff (3 Responses)
  1. Namejkane fl live from teapublican moon base no taxes, no regulation no health care, free gas.

    Concervative losers should start their own country in somila, I don't think the have a defict or goverment or taxes or obamacare, regulations, taxes on millionaires and they probably have more intelligent teapublican canadates.

    March 17, 2012 09:34 am at 9:34 am |
  2. Four and The Door

    Democrats have been crying foul in advance, because the House GOP is expected to propose a top-line number below the $1.047 trillion discretionary spending cap agreed to in last summer's Budget Control Act, the deal struck as part of the debt ceiling compromise.
    I am proud of the continuing effective work of the Republican House under the leadership of Speaker Boehner to stand up for the interests of those of us outside Washington DC. Damn right you can spend less than the spending cap! If the Democrats haven't noticed, revenues are less than what is being spent by the Federal government. In fact, federal spending is ahead of revenue by $16 trillion! And it is growing.

    Stop the insane out-of-control spending just like those of us in homes and businesses across the country have been doing for 3 years. This is our nation they are driving into the dirt with all of this debt. Make them justify every $ billion! Is it asking too much?!?!

    If 2012 elections are about the economy, Democrats lose. This is why.

    March 17, 2012 10:39 am at 10:39 am |
  3. Rudy NYC

    Lack of regulations is what directly led to Social Security and Medicare. People lost their savings and retirement money to unscrupulous bankers, which led to The Great Depression. Conservatives resisted stronger legislation holding bank more accountable. This led to the FDIC to guarantee deposits with taxpayer funds. This led to the creation of Social Security so that banks cannot suck a savings or retirement account dry with fees and other charges.

    Conservatives resisted tighter regulations on the health insurance industry prohibiting insurers from dropping people when they fell ill, or turning people away for pre-existing conditions. Circumstances were such that people were dying from lack of medical care. This condition led to Medicare for seniors.

    The impetus behind the creation of all of the entitlement programs can be traced directly to corporate greed and conservative ideological intransience.

    March 17, 2012 10:49 am at 10:49 am |