Congressional Republicans were oh-so-clever in how they approached the federal budget this year. As we’ve talked about before, the GOP split the budget bill in half — tax cuts in one part, spending cuts in the other, and call the whole thing a “deficit reduction” package that just so happens to increase the deficit.
The budget took a few twists and turns, but to make a long story short, the House passed the spending cuts yesterday and will send the whole package to the president’s desk.
The House yesterday narrowly approved a contentious budget-cutting package that would save nearly $40 billion over five years by imposing substantial changes on programs including Medicaid, welfare, child support and student lending.
The final vote was 216-214, with every Dem and 13 Republicans voting against it.
It’s hard to pick out which part of the bill was the worst. Take your pick; you can choose from a) the harsh cuts that will hurt low-income families and students relying on loans to go to college; b) the fact that the Republicans cut taxes far more than they cut spending, leading to yet another increase in the deficit; or c) the spending cuts will hurt real people, but will have a negligible affect on the budget itself, removing less than one-half of 1% from the estimated $14.3 trillion in federal spending over the next five years.
Your Republican Congress at work.