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.<\/p>\n
The budget took a few twists and turns, but to make a long story short, the House passed the spending cuts<\/a> yesterday and will send the whole package to the president’s desk.<\/p>\n 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.<\/p><\/blockquote>\n The final vote was 216-214<\/a>, with every Dem and 13 Republicans voting against it.<\/p>\n 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<\/a> 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<\/a>; or c) the spending cuts will hurt real people, but will have a negligible affect on the budget itself<\/a>, removing less than one-half of 1% from the estimated $14.3 trillion in federal spending over the next five years.<\/p>\n Your Republican Congress at work.<\/p>\n","protected":false},"excerpt":{"rendered":" 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 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[617],"tags":[],"class_list":["post-6510","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/6510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/comments?post=6510"}],"version-history":[{"count":0,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/6510\/revisions"}],"wp:attachment":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/media?parent=6510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/categories?post=6510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/tags?post=6510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}