The 2014 '30 Under 30'

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Senate GOP ponders ceding power to President Obama

Days before the March 1 deadline, Senate Republicans are circulating a draft bill that would cancel $85 billion in across-the-board spending cuts and instead turn over authority to President Barack Obama to achieve the same level of savings under a plan to be filed by March 8.

The five- page document, which has the tacit support of Senate GOP leaders, represents a remarkable shift for the party. Having railed against Senate Democrats for not passing a budget, Republicans are now proposing that Congress surrender an important piece of its Constitutional “power of the purse” for the last seven months of this fiscal year.

As proposed, lawmakers would retain the power to overturn the president’s spending plan by March 22, but only under a resolution of disapproval that would demand two-thirds majorities in both the House and Senate to prevail over an Obama veto.

The proposal would require — like the sequester — that no more than $42.6 billion of the cuts come at the expense of defense programs. But the elaborate, almost Rube Goldberg construct is already provoking sharp criticism from Republicans and Democrats alike and reflects a political scramble to escape the fallout from the sequester.

 

Comments

Comments

  1. Roger Mitchell says:

    See I think Obamas main problem is he does not understand how the Federal Gov. was set up to run and operate by our founding fathers He is a dunce.. Maybe why they spent all that money to seal and hide his past ? But Obama needs to know that the The Founders intended that the House be seen as more closely representing the will of the people than the Senate and the congressmen are doing their jobs for the will of their people Obama has to understand he did win but a landslide he squeaked by on a few illegal voters and their votes..

    I know Obama is a idiot about the structure of Gov. But he really sucks in math skills He wants to tax use to the point of $2.902 trillion dollars this yr , But he wants to spend $3.803 trillion , I don’t even need a calculator to see where this is going , I know he has the money printing presses running full steam 24/7 now and people not around in 1972 or so after LBJ’s crazy spending on social programs ran use to a inflation rate that was unreal Nixon had to just freeze everything from the price of Gas to a loaf of bread to a pay raise all was frozen for 2 yrs damn near .I’m about done with my time in this mess But I feel sorry for my grand children as they have to become Obamas worker bee’s for their entire working lives .
    The way I add Obamas budget up is
    Total revenue $2.902 trillion requested
    Total expenditures $3.803 trillion (requested) leaves us with a
    $901 billion Deficit
    Now if Obama can not allow the smarter people to cut 44 million from this budget he is just crazed with his new found wealth and power.. Its like anyone else having to cut their 100.00 a week budget by 1.50 or so when you peel this onion all the way thats about what the cuts equal a drop in the ocean and he will still spend billions more then last yr and we are at 17 trillion now last I checked this country was spending 38,000 a second and borrowing 48% of that spent money.People this country is about Bankrupt now..
    ..

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