Agreement on bankrupt budget deal today?
Update: It does appear a deal has been reached, and it appears at first glance to be as bad as I suspected.
Initial post: It appears that the White House and House Democrats are about to finalize a budget deal that will guarantee the national debt will continue to balloon for years to come, thus growing the power of Washington.
These sources tell FOX Business that the deal includes spending caps and debt ceiling increases for two years each, respectively. The deal reportedly includes spending increases for defense and non-defense spending.
A source close to the negotiations tells FOX Business that, for now, the deal would put no restrictions on reprogramming money for spending items – like a border wall.
Sources tell FOX News’ Chad Pergram that the deal would permanently end the sequester and also suspend the debt limit until July 31, 2021. [emphasis mine]
The highlighted words will also continue the decades-long shift of power from Congress to the President. Congress might allocate money to specific projects, but this deal, if agreed to as described, will now allow the President to rearrange the budget however he sees fit.
While Republicans might celebrate this change so that Trump can build his wall, in the end we will all suffer, because this arrangement ends up putting almost unlimited power in the hands of a single individual.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Update: It does appear a deal has been reached, and it appears at first glance to be as bad as I suspected.
Initial post: It appears that the White House and House Democrats are about to finalize a budget deal that will guarantee the national debt will continue to balloon for years to come, thus growing the power of Washington.
These sources tell FOX Business that the deal includes spending caps and debt ceiling increases for two years each, respectively. The deal reportedly includes spending increases for defense and non-defense spending.
A source close to the negotiations tells FOX Business that, for now, the deal would put no restrictions on reprogramming money for spending items – like a border wall.
Sources tell FOX News’ Chad Pergram that the deal would permanently end the sequester and also suspend the debt limit until July 31, 2021. [emphasis mine]
The highlighted words will also continue the decades-long shift of power from Congress to the President. Congress might allocate money to specific projects, but this deal, if agreed to as described, will now allow the President to rearrange the budget however he sees fit.
While Republicans might celebrate this change so that Trump can build his wall, in the end we will all suffer, because this arrangement ends up putting almost unlimited power in the hands of a single individual.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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