American Presidential Politics and foreign affairs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimF who wrote (40708)	1/28/2010 1:15:41 PM
From: DuckTapeSunroof	Read Replies (1) of 71588

Senate GOP just voted in lock-step for continued deficit spending: Senate Approves Tougher Deficit Curbs AP Updated January 28, 2010 foxnews.com The Senate has approved tough new budget rules to make it harder to run up the deficit with new tax cuts or federal benefit programs. The Democratic-backed plan would make it more difficult to permanently extend some tax cuts that expire at the end of this year and renew health care subsidies for laid-off workers. The idea passed by a 60-40 party-line vote. It attempts to curb the spiraling budget deficit by requiring spending increases or tax cuts to be "paid for" with cuts to other programs or tax increases. If the rules are broken, there would be automatic cuts to programs like Medicare, farm subsidies and veterans' pensions. The rules must still be passed by the House as part of legislation to allow the government to increase its limit on issuing new debt.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next