Unprecedented Defict Spending Continues

A month ago the House of Representatives passed HR1, that would fund the government for the remainder of 2011 with paltry cuts of $61 billion.

HR1 would reduce the 2011 deficit 3.7% from 1,645,119,000,000 to $1,585,119,000,000.

On March 9, HR1 was defeated in the Senate. All Senate Democrats voted “no,” because they thought the cuts were too deep.  Three Republican Senators, Jim DeMint (S.C.), Rand Paul (Ky.), and Mike Lee (Utah) also voted no because they thought the cuts were not deep enough.

An alternative from the Democrats’ that would have reduced the deficit by a microscopic $5 billion or one-third of one percent was also defeated.


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