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Look Out! Washington Faces a Trillion Dollar Budget Fight

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Look Out! Washington Faces a Trillion Dollar Budget Fight

Post by Gigi on Sun Apr 10, 2011 5:11 pm

Look out! Here we go again, this time a trillion dollar cuts. When are the 99ers going to get the unemployment extension? You answer that question.

http://news.yahoo.com/video/politics-15749652/24809616#video=24853718

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Re: Look Out! Washington Faces a Trillion Dollar Budget Fight

Post by Sunrise on Sun Apr 10, 2011 6:04 pm

I think that we are headed for a very rocky and scary ride. pale

Without action by Congress, a number of government programs will wind up
halted, limited or delayed -- including military salaries and
retirement benefits, Social Security and Medicare payments, interest on
the debt, unemployment benefits and tax refunds.

But from the way House Republicans are speaking, the battle this week was just a preview of the struggles to come.
Rep. Adam Kinzinger, R-Ill., said that the time for changes has come.
"If they want to ask us to raise the debt ceiling, we are going to see
some fundamental restructuring at how we do business," he said.
http://abcnews.go.com/Politics/debt-ceiling-obama-propose-deficit-plan/story?id=13341847&page=1
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