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Senate Rejects Obama Plan to Create Commission on Federal Deficit

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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:04 PM
Original message
Senate Rejects Obama Plan to Create Commission on Federal Deficit
Source: Washington Post

The Senate on Tuesday rejected a plan to create a bipartisan commission to tackle the nation's budget problems this year, leaving it up to President Obama to create such a panel by executive order.

The commission would have had broad powers to recommend changes to the tax code and cut spending on entitlement programs such as Social Security, Medicaid and Medicare. Its recommendations, due after the November elections, would have been guaranteed an up-or-down vote in both chambers of Congress before the year is out.

But the measure won just 53 votes in the Senate, not enough to overcome a threatened filibuster. In rejecting the idea, Republicans opposed to tax increases joined Democrats fearful of being forced to cut social programs.

The vote came as the nonpartisan Congressional Budget Office released its latest deficit projections, forecasting that continued spending to combat last year's recession and a muted recovery would drive this year's deficit to $1.35 trillion, a slight improvement over previous projections but still one of the deepest budget holes since the end of World War II.

more: http://www.washingtonpost.com/wp-dyn/content/article/2010/01/26/AR2010012601270.html?hpid=topnews
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:06 PM
Response to Original message
1. Finally Democrats and Republicans working together!!
:eyes:
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:30 PM
Response to Reply #1
5. All those GOPers against balancing the budget -- they should be ashamed!
Of course, the Dems who opposed were trying to save social programs, so should be lauded.

;-)
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mzmolly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:34 PM
Response to Reply #5
6. LOL
yep. :D
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Last Stand Donating Member (379 posts) Send PM | Profile | Ignore Tue Jan-26-10 03:11 PM
Response to Original message
2. Why bipartisan?
Bush shut the door on the Dems and got things done.
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Cant trust em Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:20 PM
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3. Congress punts yet again. nt
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Hello_Kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 03:23 PM
Response to Original message
4. Oh crap. So he's going to do it by executive order then.
:banghead:
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:31 PM
Response to Reply #4
7. He Can't

That was prevented back when Nixon tried it, lo these many years ago.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:35 PM
Response to Reply #7
9. Yes he can and President Obama will. I don't think he's lying.
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Chulanowa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:33 PM
Response to Original message
8. What? You mean the president doesn't have absolute authority?
You're joking, right? I thought everything was his fault, and the legislature was only there for decoration!

'Least that's what i learned on DU!
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Nordmadr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:59 PM
Response to Original message
10. "not enough to overcome a threatened filibuster"
Not an actual one, just a threatened one. So was this an actual vote, because ya know 53 is enough...

Nordmadr
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