Late last night it happened and you probably won’t hear much about it. Congress, both the House and Senate, passed Obama’s obscenely expanded budget for 2010. The vote split along party lines, thank goodness, but it sets up some interesting discussions for the 2010 reelection cycle.
The WaPo reports:
Congressional Democrats overwhelmingly embraced President Obama’s ambitious and expensive agenda for the nation yesterday, endorsing a $3.5 trillion spending plan that sets the stage for the president to pursue his most far-reaching priorities.
Voting along party lines, the House and Senate approved budget blueprints that would trim Obama’s spending proposals for the fiscal year that begins in October and curtail his plans to cut taxes. The blueprints, however, would permit work to begin on the central goals of Obama’s presidency: an expansion of health-care coverage for the uninsured, more money for college loans and a cap-and-trade system to reduce gases that contribute to global warming.
The measures now move to a conference committee where negotiators must resolve differences between the two chambers, a prelude to the more difficult choices that will be required to implement Obama’s initiatives. While Democrats back the president’s vision for transforming huge sectors of the economy, they remain fiercely divided over the details.
There is no agreement, for example, on how to pay for an overhaul of the health-care system expected to add more than $1 trillion to the budget over the next decade, nor is there consensus on how to spend the hundreds of billions of dollars the government stands to collect by setting limits on greenhouse gas emissions and forcing industry to buy permits to pollute. Those issues will be decided in committees where lawmakers have begun the torturous work on the specifics of Obama’s broad plans.
Some things to note is that this budget tries to set aside hundreds of billions for socialized health care down the road if Obama can force it through. It also sets up the framework for Obama’s terrible cap-and-trade Ponzi scheme which will cause you energy utility bills to skyrocket.
Hot Air points out, however, that some of Obama’s Democratic support has thinned slightly:
President Obama has lost some Congressional support since Porkulus. The Washington Post doesn’t mention this in its report, but Democratic defectors grew from seven in the House to 20 defectors last night. In the Senate, where Democrats won three key Republican votes for Porkulus, they didn’t get a single GOP vote. In fact, they lost two Democrats: Ben Nelson (D-NE) and Evan Bayh (D-IN). Bayh had tried to lead a centrist bloc to gain more concessions from Reid, Pelosi, and Obama, but in the end his Gang of 15 seems to have been a duet.
They have to worry about reelection and a voter base which is increasingly disgusted with the actions in Washington.
Here’s the crux of the matter from Sen. Judd Gregg:
“The practical implications of this budget are that we will put in place spending and borrowing which will absolutely put this country on an unsustainable path and WILL create massive problems for us in the out years if it’s followed,” said ranking Senate Budget Committee member Judd Gregg (R-N.H.).
Yes my friends, this will sink it for the nex decade or more of spending and entitlements.
Sound off below.