Showing posts with label Paul Volker. Show all posts
Showing posts with label Paul Volker. Show all posts
Monday, April 12, 2010
Democrats may drag feet on 'unsustainable' budget for 2011
POLITICO, 4/12/2010 - Congress is poised to miss its April 15 deadline for finishing next year’s budget without even considering a draft in either chamber. ∴ Unlike citizens’ tax-filing deadline, Congress’s mid-April benchmark is nonbinding. And members seem to be in no rush to get the process going. ∴ Indeed, some Democratic insiders suspect that leaders will skip the budget process altogether this year — a way to avoid the political unpleasantness of voting on spending, deficits and taxes in an election year — or simply go through a few of the motions, without any real effort to complete the work. Read more at Politico...
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Labels:
Ben Bernanke,
budget,
Congress,
Democrats,
Obama,
Paul Volker,
Pelosi,
Reid,
unpopular,
unsustainable
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