June 23, 2011

CBO: "We Don't Estimate Speeches"

John Hinderaker, Power Line


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The Democrats' failure to propose a budget, let alone vote on one, is perhaps the most important of the many scandals now swirling around that party. President Obama submitted a FY 2012 budget in February, but it was dead on arrival. It made no effort to deal with the country's burgeoning debt crisis, and no one took it seriously. When it was eventually brought to the floor in the Senate, it failed to get a single vote.

In April, Obama delivered a speech on the debt crisis in which he seemed to walk away from his February budget. But the speech was characteristically vague, and Obama never did follow up with a revised budget. Senate Democrats, meanwhile, have violated federal law by failing to produce a budget proposal. Despite daily calls for them to comply with...

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Related Topics: budget

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