On the recordFebruary 25, 2013
it has been 1,398 days since the Senate passed a budget. People wonder why we are lurching from one budget crisis to another one in Washington. The fact is this is not the only deadline that has been missed. This year the President failed to submit, by February 4, his proposed budget. But the truth is even last year when he submitted a budget, and it was voted on by the entire Senate, it received zero votes. In other words, it was not viewed as a reasonable and practical solution to the financial crisis that faces our country with $16.5 trillion in debt and 40 cents out of every dollar being spent by the Federal Government being borrowed from our creditors. Even before we reach the upcoming crisis which is known as the budget sequester--and I suggest most Americans would not consider a 2.4- percent cut in spending to be a crisis, but even before we reach this next stage in the budget negotiations, we know President Obama has proposed the same old solution to every budgetary question; that is, to raise taxes even though on December 31, with the fiscal cliff negotiations, we saw the President get his pound of flesh when it came to spending, and that is $600 billion in additional revenue. But this does, indeed, seem like the Washington version of Groundhog Day.…
Source
govinfo.gov




