The country needs an infusion of spending to stem the losses of the financial markets. The USA has to keep it's people working and spending.
I agree that fiscal responsibility is important and it needs to be addressed, but, turning loose the financial markets with deregulation and anarchy is not responsible policy.
The financial markets are in bad condition, but, the American people need to continue to work and right now that is more important than fiscal restraint. The worst thing that can happen right now is a government shutdown. It is irresponsible governance.
I agree that fiscal responsibility is important and it needs to be addressed, but, turning loose the financial markets with deregulation and anarchy is not responsible policy.
The financial markets are in bad condition, but, the American people need to continue to work and right now that is more important than fiscal restraint. The worst thing that can happen right now is a government shutdown. It is irresponsible governance.
February 8, 2018
By Deirdre Shesgreen
Washington — Sen. Rand Paul, (click here) a conservative Kentucky Republican and one-time presidential contender, temporarily blocked a Senate vote on a sweeping bipartisan budget deal on Thursday — a move that could force Congress to miss a midnight funding deadline and trigger a partial government shutdown.
By Deirdre Shesgreen
Washington — Sen. Rand Paul, (click here) a conservative Kentucky Republican and one-time presidential contender, temporarily blocked a Senate vote on a sweeping bipartisan budget deal on Thursday — a move that could force Congress to miss a midnight funding deadline and trigger a partial government shutdown.
The bipartisan budget deal would lift strict budget caps and pave the way for lawmakers to spend an extra $300 billion over the next two years on defense and domestic programs. It seemed poised to easily clear the Senate — until Thursday afternoon.
That’s when Paul objected and said he would only allow the budget bill to advance if GOP leaders gave him a vote on an amendment to restore the budget caps, set in 2011 to rein in deficit spending. If Paul got an amendment, then every senator would want one. And if any amendment passed, it would blow up the budget agreement.
“All Senator Rand Paul is asking for is a 15-minute vote on his amendment to restore the budget caps,” Paul’s spokesman, Sergio Gor, said in an email Thursday. “He is ready to proceed at any time.”
By Thursday evening, the White House was preparing for a lapse in appropriations. The federal Office of Management and Budget told federal agencies to plan for a "limited shutdown" of perhaps a few hours....
