Posts Tagged ‘Kicking the can down the road’

Senate Punts On Passing A Budget For The Third Straight Year, Kick Starting The Can Down The Road

April 18, 2012

In a stunning backtrack that virtually guarantees Congress for the third year will be unable to produce a budget, Senate Democrats’ top budget writer Tuesday canceled this week’s expected votes on a 2013 fiscal blueprint.

Instead, Budget Committee Chairman Kent Conrad, North Dakota Democrat, said he will use the next few months to try to breathe life into the shelved 2-year-old Bowles-Simpson deficit commission proposal.

Mr. Conrad said he wasn’t able to get enough Democrats to back a fiscal 2013 budget, much less reach a bipartisan agreement, and that he decided instead to try to kick-start a longer-term debate.

Spending at the 2009 budget levels through continuing resolutions which included the “stimulus”.  So they have been “stimulating” for 4 years now. Continuing to kick start  the can down the road..