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Thursday, April 2, 2009

Senate Passes Obama Budget

WASHINGTON -- The Democratic-controlled Senate has passed a budget drafted to President Obama's specifications, voting a few hours after the House approved a similar plan.

The plan calls for spending of $3.5 trillion for the budget year beginning Oct. 1 and has a deficit projected at $1.2 trillion.

The Senate vote Thursday was 55-43, along party lines.

It provides for higher spending on domestic programs and clears the way for action later in the year on Obama's call for an overhaul of health care, a new energy policy and changes in federal support for education.

The budget votes mark victories for the Obama administration, but tough battles lie ahead when lawmakers turn to the other items on the president's agenda. - FOX News

Welcome to the world of deficit spending. With the action of the House and the Senate today, largely along party lines, we have sunk into unprecedented deficity spending. This budget has a projected $1.2 Trillion deficit.

How quickly we all have forgotten what got us into this financial crisis. It was people and businesses spending more than they make. Now the Idiots that are running this Country have decided that we need to do more of it as a country. What a brillian idea!

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