Moving Toward A Resolution

Congress has passed a budget for the rest of the year that keeps the sequestration in place. Now all we need is a rise in the debt ceiling and FY2013’s budget is finished.

Obviously, I’d like some entitlement reform. But moving toward an actual budget process is a first step toward sane fiscal policy. Flat spending trends will bring the deficit at least under $1 trillion for the first time since Obama and possibly much lower, depending on how the economy does and exactly how much the sequester bring down spending. That’s progress, albiet slow and painful one. But entitlement and tax reform are the next steps that need to be taken. Because the long term is where we’re screwed.

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  1. Mississippi Yankee

    First paragraph of your linked article:

    Congress approved and sent to the White House on Thursday a stopgap spending bill to avert any threat of a government shutdown next week and keep agencies funded through September in the wake of automatic cuts ordered under sequestration.

    Can we really call this a “budget”?

    But entitlement and tax reform are the next steps that need to be taken. Because the long term is where we’re screwed.

    And in your wildest friggin’ dreams do you see this happening before the mid-term e(r)ections?

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  2. Mississippi Yankee

    Any budget Reid’s senate passes will have all sorts of gun grabbing, magazine limiting, assault weapons banning and gun registration in it. There will be more amendments to their budget than tax and spend items.

    Budget are no longer about money, they’re all about the ideology.

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