Federal Budget Would Raise Spending by $320 Billion

[Yo_Mama_Been_Loggin]

WASHINGTON — White House and congressional negotiators reached accord on a two-year budget on Monday that would raise spending caps and lift the government’s debt ceiling, likely averting a fiscal crisis but splashing still more red ink on an already surging deficit.

If passed by Congress and signed by President Trump, the deal would stop a potential debt default this fall and avoid automatic spending cuts next year. The agreement would also bring clarity about government spending over the rest of Mr. Trump’s term.

But it is another sign that a Capitol once consumed by fiscal worries simply no longer cares — even as the government’s red ink approaches $1 trillion a year.

“It’s pretty clear that both houses of Congress and both parties have become big spenders, and Congress is no longer concerned about the extent of the budget deficits or the debt they add,” said David M. McIntosh, president of the Club for Growth, a conservative group that advocates for free-enterprise.

https://www.msn.com/en-us/news/politics/federal-budget-would-raise-spending-by-dollar320-billion/ar-AAEHFkY?li=BBnb7Kz

Club for Growth? Oh you mean like a cancerous tumor.

[shanti]

1. Another one of these budgets next year

and they will be going for our SS and Medicare to pay the difference.

[walkingman]

2. Put this in your memory banks - GOP calling for cuts to entitlements because of the deficits.

More for war - no problem, more tax cuts - no problem.....

[democratisphere]

3. What's a few hundred billion more when you ain't got no way to ever pay it back.

Nothing like the smell of year 2008 in the morning.

[Wellstone ruled]

4. Well the spending cap has been removed until sometime

in the first quarter of 2021. The Rethug Party knows they had to follow the Congressional Appropriators fearing their prize committee's in the Senate will be cut off from funds. Pelosi will have a new Budget in place by this time in October. McConnell has become a total joke as far as a Legislator for the most part. He knows if he or Trump want a shut down,the Rethugs are toast for five generations.