It appears that Congress will pass the $410 billion budget to carry the federal government through the end of FY09. There are two points that are important here.
1.) The federal government is currently operating under a "continuing resolution" (CR). This does not mean that they have no money. It just means they are operating under the same budget they had last year. There is a huge difference!
2.) All essential funding has already been budgeted. The budget they are talking about now is for discretionary spending, or frivolous spending.
If what is essential is already taken care of, why are we pushing through more spending? As I have said before, a CR is a good thing. It forces government to cut back and only spend what is vitally necessary. Isn’t that what they should be doing anyway?
Monday, March 9, 2009
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment