Federal Budget in April

This news item came to my Inbox from the newspaper, The Hill.

News from The Hill
House to consider Ryan budget in April
By Russell Berman
House Republicans in April will consider a budget authored by Rep. Paul Ryan (R-Wis.) that sticks to a bipartisan spending level for 2015 but balances within a decade, Majority Leader Eric Cantor (R-Va.) told lawmakers on Friday.
Cantor’s announcement sets up what could be the most difficult budget vote since 2011 for the Republican majority, since it will require dozens of conservatives to endorse a $1.014 trillion spending level that they opposed in December. Ryan, the Budget Committee chairman, will propose deeper cuts in future years to keep the party’s commitment to erasing the federal deficit within 10 years.

I’m uncertain what Rep. Ryan hopes to accomplish, but I will be glad to hear some talk about the budget. There needs to be a candid conversation. My own Senator, Patty Murray, has said she will not bring forward talks regarding a budget for 2015. That seems irresponsible considering what needs to change. At this stage, Rep. Ryan is showing leadership. We will need to see how the conversation goes.

For now, the opening is cast since the phrase “balances within a decade” seems quite impossible to me without significant changes to Medicare and Social Security. That truth needs to be told by a prominent member of Congress. If Rep. Ryan does not mention it, the dis-ingenuity from the Congressional budget committees will continue.

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Author: dmcnic

Educated as an economist, I now work as an Analytical Professional for a manufacturing firm. I have have a second job as a part-time lecturer at the University of Washington in Bothell. While all baseball interests me, the Mariners are my home town team. Married with one dog.

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