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More Economic Doomage ........House shoots down spending bill,.. Another Shut down of Government?

 
Ragman (Rags)
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09/21/2011 07:28 PM
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More Economic Doomage ........House shoots down spending bill,.. Another Shut down of Government?
House shoots down spending bill

A stopgap spending bill to keep the government funded past Sept. 30 was upended in the House late Wednesday when Democrats pulled back their support in protest of cuts made to offset disaster aid in the package.

Only last week, the ranking Democrat on the House Appropriations Committee, Rep. Norman Dicks (D-Wash.), had backed the same bill but then reversed himself Wednesday under pressure from his caucus, creating a more partisan battleground.

Read more: [link to www.politico.com]

Did They Just Shut Down The Government AGAIN? Continuing Resolution Vote Fails

HOUSE REJECTS BILL CONTAINING DISASTER RELIEF AID
REPUBLICAN DEFECTIONS LEAD TO DEFEAT OF BUDGET BILL
SPENDING BILL NEEDED TO FUND GOVERNMENT PAST SEPT. 30
REPUBLICANS OBJECTED TO OVERALL COST OF SPENDING BILL

[link to www.zerohedge.com]

Last Edited by Ragman (Rags) on 09/21/2011 07:29 PM
wisdomknight

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09/21/2011 07:30 PM
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Re: More Economic Doomage ........House shoots down spending bill,.. Another Shut down of Government?
norespect
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KingDingaLing

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09/21/2011 07:42 PM
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Re: More Economic Doomage ........House shoots down spending bill,.. Another Shut down of Government?
The Government doesn't shut down because the can't agree on a funding amount for disasters in 2012.

The logical thing is to just fund as necessary for such an unknown and unlikely event (don't laugh).

No they are doing this for a reason. Democrats want like 5 Billion and the Republicans want less than a Billion.

This might very well give clues about magnitude of 2012 disasters (2012 starts on October 1, 2011 for the Federal Government)

Something tells me we need a large number, but again, you don't prepay an unknown expense like this, its ridiculous. Has to be something more symbolic about it.
Ragman (Rags) (OP)

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09/21/2011 07:46 PM
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Re: More Economic Doomage ........House shoots down spending bill,.. Another Shut down of Government?
The Government doesn't shut down because the can't agree on a funding amount for disasters in 2012.

The logical thing is to just fund as necessary for such an unknown and unlikely event (don't laugh).

No they are doing this for a reason. Democrats want like 5 Billion and the Republicans want less than a Billion.

This might very well give clues about magnitude of 2012 disasters (2012 starts on October 1, 2011 for the Federal Government)

Something tells me we need a large number, but again, you don't prepay an unknown expense like this, its ridiculous. Has to be something more symbolic about it.
 Quoting: KingDingaLing


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