Right Thinking From The Left Coast
No legacy is so rich as honesty - William Shakespeare

Friday, April 08, 2011

$38.5 Billion

That’s the latest number being bandied about for the agreement to finish FY2011.  Riders will be dropped in exchange.  The government will go for another week, then the final budget will be voted on.

If these reports are accurate, I have to tip my hat to Boehner.  He will have cut some $70 billion off the FY2011 budget, using the riders to negotiate a deal. This is not as trivial as it sounds since every dollar of spending sets up $10 down the road. No shutdown and an end to this sets the stage for the real debate to begin on the long-term budget.

I never thought I’d say this again: well done, GOP.

Now let’s get to work.

Posted by Hal_10000 on 04/08/11 at 09:33 PM in Politics   Law, & Economics  • (0) TrackbacksPermalink
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