With 2015 budget request, Obama will call for an end to era of austerity

[applegrove]

With 2015 budget request, Obama will call for an end to era of austerity

By Zachary A. Goldfarb at the Washington Post


http://www.washingtonpost.com/business/economy/with-2015-budget-request-obama-will-call-for-an-end-to-era-of-austerity/2014/02/20/332808c2-9a6e-11e3-b931-0204122c514b_story.html?wprss=rss_homepage

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“Over the course of last year, Republicans consistently showed a lack of willingness to negotiate on a deficit-reduction deal, refusing to identify even one unfair tax loophole they would be willing to close,” said a White House official, speaking on the condition of anonymity to describe the budget before its official release. “That is not going to stop the president from promoting new policies that should be part of our public debate.”

Republicans said emerging details of the president’s budget prove he was never serious about addressing the nation’s long-term debt problems.

“This reaffirms what has become all too apparent: the president has no interest in doing anything, even modest, to address our looming debt crisis,” Brendan Buck, a spokesman for House Speaker John A. Boehner (R-Ohio), said in a statement. “The one and only idea the president has to offer is even more job-destroying tax hikes, and that non-starter won’t do anything to save the entitlement programs that are critical to so many Americans.”

The new budget request, due out March 4, comes during a relative lull in Washington’s lengthy budget wars. Late last year, Congress approved a two-year spending plan negotiated by the chairmen of the House and Senate Budget committees, Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.), that would ease automatic cuts, known as the sequester, that were eating away at agency spending. And this month, Congress agreed to forgo another battle over the federal debt limit, voting to suspend its enforcement until March 2015.




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[freshwest]

1. Good news. Time to value people over the 'free' market. n/t

[yeoman6987]

2. I thought they passed a budget already until 2016.

I must be getting something confused.

[freshwest]

3. Nope, year at a time. And if they get the Senate, they'll impeach PBO. n/t

[yeoman6987]

4. Bastards

Sorry about the language but I really believe that if the Republicans get the Senate, you are right.

[woo me with science]

5. A Democratic President should have been "valuing people over the free market" all along.

This country is in grave trouble when corporate politicians only muster such rhetoric briefly, during election years, and while simultaneously continuing to push corporate nightmares like the TPP.

[KG]

7. word.

[Autumn]

6. Six years in.

[woo me with science]

8. +100000 No kidding. *And* during an election year.

Oh, the delicacy of election year rhetoric. Let's review just some of what we've heard this week:

SS cuts are out of the budget....for this year anyway.

It may not be the time to be aggressive about the TPP....right now.

We promise to defend net neutrality...... but we aren't actually going to use the FCC to STOP the corporate expansion of power. We just promise to rewrite the rules sometime down the road.