The following is an editorial.
In a special session of Congress held late into Sunday evening, the Democratic controlled Senate and the Republican controlled House of Representatives finally reached a tentative agreement on a potential budget that not only raises the debt ceiling limit like the Democrats and President Barack Obama wanted, but also supports $2.4 TRILLION American dollars off the country's debt over the course of the next decade, although the Republicans were hoping for a much higher number and no debt ceiling increase.
It still has to officially be approved by both sides of Congress and signed into law before the August 2nd deadline.
Both sides agreed to table any discussion about the existing tax cuts the rich enjoy, for now. That and other issues are to be examined in closer detail by a new budget committee that is to file a report by November on recommendations to improve the government's financial situation, including the possibility of additional budget cuts to be considered.
There are already critics pointing out that no future administration has to abide by whatever portions of the pending budget might not be enacted by the time they are in office. This country has a long history of the new doing away with old agreements whenever the Presidency changes hands between parties.
But what's to stop all this manure from piling up next time? Especially in light of the fact that, even if passed, this agreement only lasts until 2012.
While a two party governmental system of checks and balances is great, there are times like the last few days when political beliefs get in the way of bi-partisanship and doing what is right for the country.
Congress needs to remember who they are actually working for.
President Obama, when announcing this news, noted that the American people made their voices heard in this matter, and that things did not go as (smoothly) as they should have.
Once again, a friendly reminder Congress: the people who voted you in are the same ones who can vote you out!
The above was an editorial.
In a special session of Congress held late into Sunday evening, the Democratic controlled Senate and the Republican controlled House of Representatives finally reached a tentative agreement on a potential budget that not only raises the debt ceiling limit like the Democrats and President Barack Obama wanted, but also supports $2.4 TRILLION American dollars off the country's debt over the course of the next decade, although the Republicans were hoping for a much higher number and no debt ceiling increase.
It still has to officially be approved by both sides of Congress and signed into law before the August 2nd deadline.
Both sides agreed to table any discussion about the existing tax cuts the rich enjoy, for now. That and other issues are to be examined in closer detail by a new budget committee that is to file a report by November on recommendations to improve the government's financial situation, including the possibility of additional budget cuts to be considered.
There are already critics pointing out that no future administration has to abide by whatever portions of the pending budget might not be enacted by the time they are in office. This country has a long history of the new doing away with old agreements whenever the Presidency changes hands between parties.
But what's to stop all this manure from piling up next time? Especially in light of the fact that, even if passed, this agreement only lasts until 2012.
While a two party governmental system of checks and balances is great, there are times like the last few days when political beliefs get in the way of bi-partisanship and doing what is right for the country.
Congress needs to remember who they are actually working for.
President Obama, when announcing this news, noted that the American people made their voices heard in this matter, and that things did not go as (smoothly) as they should have.
Once again, a friendly reminder Congress: the people who voted you in are the same ones who can vote you out!
The above was an editorial.
No comments:
Post a Comment