Shutdown Deadline Nears After Obama's Budget Meeting

Obama met with House Republicans and Senate Democrats at the White House

April 5, 2011 RSS Feed Print
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Even if the two sides are able to reach agreement and avert a shutdown, there are still other contentious budget fights on the horizon. House Budget Committee Chairman Paul Ryan released his budget proposal for 2012 on Tuesday, including reforms to Medicare and Medicaid which have already proven controversial to Democrats. And a battle over raising the federal debt ceiling could also begin soon. Although this week's breakthrough shows that compromise is possible, it will not signal lasting budget peace in Washington.

Tags:
Democratic Party,
Paul Ryan,
Republican Party,
deficit and national debt,
Harry Reid,
healthcare reform

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Economy and Budget are one and the same. Bad budget and spending, bad economy, period.

This, "we have to print fiat money, and spend it, to save the economy" is not going to work, never does. Money in circulation has to grow as result of LABOR to make PRODUCT\GOODS\SERVICE that inspire other people to LABOR MORE than they are to purchase said PRODUCT\GOODS\SERVICE.

Print 1 extra unearned fiat dollar and it inflates away.

YUP of IN 9:59PM April 09, 2011

Why are the Dems so bull-headed and not realizing that spending must be curbed?

Where in the hell do they think the money tree is growing? Continuing to print money has dire consequences and the current sick economy will look favorable then as it founders wors than Greec, Ireland, and Portugal.

Harry Reid would make me happy if he volunteered to be an automobile test dummy. He's a dummy in the Senate and does no good!

Citizen of WI 3:43PM April 07, 2011

This should have been done on the last Congress. Why couldn’t a democrat controlled House, Senate and White House not pass a budget last year for 2011. Instead they put a stop gap that expired March 8, 2011. Smells like a set up for the new Congress. What happened to a transparent government? How much did they really want to budget last year before they lost the house?

Confused of GA 10:56AM April 06, 2011

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