sailingaway
04-10-2013, 05:18 PM
http://news.yahoo.com/real-budget-action-wont-come-until-tonight-072307607--politics.html
Contrary to popular belief, the real budget action on Wednesday won’t begin until the early evening, when 12 Republican senators are scheduled to arrive at the White House for a private dinner with the president.
By then, the White House’s Office of Management and Budget will have released the hundreds of pages of the president’s budget proposal. Congressional Republicans will have united and mobilized to attack it by saying it does not go far enough to tame the long-term debt. And, pundits will have spent hours debating the budget’s overarching themes on the endless loop of cable TV.
Yet this predictable sequence of events is not likely to matter in the coming months. Nor will the president’s actual budget blueprint. Instead, the most important fiscal development of the week will hinge on the success of the president’s dinner with a handful of Republican senators, organized by Sen. Johnny Isakson of Georgia.
This so-called charm offensive is the key to any budget deal this spring, even a small one, and will determine the Republicans’ receptiveness to the president’s offer in his budget to cut Social Security benefits and slash billions from Medicare. “This is an offer, not a starting point for negotiations,” stressed one senior administration official, roughly 24 hours before the White House was to release its fiscal year 2014 budget.
Ron's budget managed to balance the budget in three years without touching social security or medicare, but Obama and GOP leadership priorities are clearly different. Moveon is shocked that Obama is doing this even though he signaled he would before the election.
http://news.yahoo.com/real-budget-action-wont-come-until-tonight-072307607--politics.html
Contrary to popular belief, the real budget action on Wednesday won’t begin until the early evening, when 12 Republican senators are scheduled to arrive at the White House for a private dinner with the president.
By then, the White House’s Office of Management and Budget will have released the hundreds of pages of the president’s budget proposal. Congressional Republicans will have united and mobilized to attack it by saying it does not go far enough to tame the long-term debt. And, pundits will have spent hours debating the budget’s overarching themes on the endless loop of cable TV.
Yet this predictable sequence of events is not likely to matter in the coming months. Nor will the president’s actual budget blueprint. Instead, the most important fiscal development of the week will hinge on the success of the president’s dinner with a handful of Republican senators, organized by Sen. Johnny Isakson of Georgia.
This so-called charm offensive is the key to any budget deal this spring, even a small one, and will determine the Republicans’ receptiveness to the president’s offer in his budget to cut Social Security benefits and slash billions from Medicare. “This is an offer, not a starting point for negotiations,” stressed one senior administration official, roughly 24 hours before the White House was to release its fiscal year 2014 budget.
Ron's budget managed to balance the budget in three years without touching social security or medicare, but Obama and GOP leadership priorities are clearly different. Moveon is shocked that Obama is doing this even though he signaled he would before the election.
http://news.yahoo.com/real-budget-action-wont-come-until-tonight-072307607--politics.html