As Deficit Deepens, Congress Refuses to Enact a Budget Blueprint
The expansion of spending and deficits is the greatest economic challenge of this era. Too bad Congress cannot be bothered to address it.
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The expansion of spending and deficits is the greatest economic challenge of this era. Too bad Congress cannot be bothered to address it.
An appropriation. we are funded through the 30th of september. >> sure. and if they put out a budget resolution that spells out exactly what they would cut, we would have more clarity. all we have now on the clarity of republican priorities is the default on america act. >> democrats say if the gop would produce a budget they would have specifics about what republicans intend to do. regardless, the gop wants to curb spending back to levels before the pandemic. but democrats ask if the goal is to balance the books, why not raise taxes. >> republicans did this massive tax give away to millionair...
That is a terrible outcome so let's do the responsible thing and not default and move forward on the debt ceiling. we can have a debate on the budget and we will, and understand it on the levels and not at the expense of jeopardizing jobs. don't default. >> you didn't say don't talk i didn't grab that. >> of course, we should talk >> no, the conversation should be under way on the budget resolution and on the appropriations process andtitle. that's part of the agenda and that should be separate from the entitlement reform that's part of the agenda and that should be separate from the question ...
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Committee. kevin mccarthy sending a letter to joe biden saying he wanted to request a meeting. that letter was without a lot of specifics, and let the other republican groups wade into the space and say kevin mccarthy is backing what we want. the real intrigue is where the middle ground will be. the freedom caucus is calling for trillions and trillions of dollars in cuts, and some of the more moderate groups won't go along with that, calling for drafting their own budget resolution in the next couple of months. what we don't have is a centralized republican negotiating position. there's no act...