After All These Bailouts, Funding the Government Seems Cheap
Today, almost five months after the start of fiscal year 2009, House Democrats introduced an enormous spending package to fund much of the federal government in
Jul 31, 20209.8K Shares328.5K Views
Today, almost five months after the start of fiscal year 2009, House Democrats introduced an enormous spending package to fund much of the federal government in fiscal year 2009.
Not a typo.
When Congress and the Bush administration were butting heads last year over the size of the Democrats’ spending bills, congressional leaders decided to delaythe process until someone else had the keys to the White House. After passing bills to fund the Defense, Veterans Affairs and Homeland Security departments, they kicked nine other appropriations bills to this year. Democrats will wrap those proposals into one omnibus bill, which the House will take up Wednesday. The Senate will follow shortly afterwards.
The size of the package is notable: $410 billion to fund a huge chunk of the of the government through September — including most federal health, education, energy, commerce and agriculture programs.
Remember, pre-bailouts, when that sounded like real money?
Paula M. Graham
Reviewer
Latest Articles
Popular Articles