CNN reports that the House passed HR 4241 this morning by a narrow vote almost entirely along party lines. This is part of the Republican Party's Operation Offset (previously discussed here) designed to cut spending to counter the deficit, growing by leaps and bounds because of Iraq & Katrina (among other things). Now they'll have to work to reconcile it with the Senate version, SR 1932 (voting record here). You may want to Write your representative to let them know how you feel. You might also want to express your displeasure to the two Dems who didn't vote, considering the bill passed by a margin of 2. [Budget Filter]
posted by papakwanz on Nov 18, 2005 - 48 comments

Will Currency Wars Effect You? Oldman gives a quick run-through of the geopolitics of America's budget deficit, with some likely scenarios for the next 2-5 years.
posted by alms on Nov 18, 2004 - 26 comments

Political Fratricide: The GOP is reportedly [+] proposing $15 billion of cuts — or is it $25? — in veterans' benefits between now and 2007, and groups like the Veterans Against the Iraq War are hopping mad. Hell, I imagine the pro-war wing is pretty peeved, too. It's part of a plan with delusions of grandeur to deliver massive tax cuts AND kill the deficit ... you know, the one that did not exist before W was elected, as I understand it ... in six years. The original tip is from Stand Down. The actual status of the cuts is nebulous at this point, however, with the SF Chron reporting that they will likely fail in the Senate as the tax cut is halved and others reporting that the die is not yet cast. The House budget resolution, for metafilter accountants who like these things, is here.
posted by hairyeyeball on Apr 1, 2003 - 12 comments

White House predicts budget deficits until 2005. Uh... cause of the war, not monster tax cuts to businesses and billionaires... yeah, that's the ticket!
posted by mattpusateri on Nov 28, 2001 - 19 comments