Legal Commentary

Senate Dems Preparing Bill To Slash Spending

By Big Tent Democrat

The capitulation begins:

With a political standoff over spending threatening to trigger a federal shutdown next week, Senate Democrats began drafting a plan Thursday to slice billions of dollars from domestic agency budgets over the next seven months, yielding to Republican demands to reduce the size of government this year.

In December, President Obama led the capitulation on tax policy. Now Senate Dems lead the capitulation on spending. They of course regret all the pain they will be inflicting and the severe damage they will be causing to the economy. Grover Norquist and the Republicans have no regrets of course. But does that really matter? The results are the same.

Speaking for me only

Full post as published by TalkLeft on February 25, 2011 (boomark / email).