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1,000 Days Without a Budget: Facts on the Senate's Failure
Posted By Mike Brownfield On January 20, 2012 @ 5:27 pm In Featured | Comments Disabled
Tuesday, January 24, will mark the 1,000th day since the U.S. Senate has passed a budget —an egregious dereliction of duty on Senate Majority Leader Harry Reid’s (D–NV) watch. By enacting continuing resolution upon continuing resolution (short-term measures to keep the government running, spending money at the current rate), the Senate has taken a pass on leading, all to the detriment of the poor and middle class.
The budget process forces Congress to set priorities to protect the people’s money and put it to its appropriate use. Instead, the Democrat-controlled Senate has abdicated its responsibility. The result? The deficit is soaring, causing a looming tax burden and injecting uncertainty into the economy, leaving jobs and economic growth on the table. It’s no wonder the U.S. economy’s growth is so tepid.
As the 1,000th day nears, here are some facts about America’s budget and why the Senate must take action to be stewards of the people’s money as the Constitution requires:
Despite all of these blatant red flags, the Senate has utterly failed to execute the most basic, fundamental function of governance at the worst possible time—when the country’s fiscal house is in disarray, the U.S. credit rating is in continual jeopardy, entitlement spending is ballooning, defense spending is on the chopping block, and the economy is in shambles.
One thousand days without a budget is an embarrassing number, but the level of spending, deficits, and taxation that results from the Senate’s failure to exact even a modicum of fiscal discipline is terrifying. Senator Reid has said it would be “foolish” to pass a budget, but failing to pass it is proving to be beyond irresponsible. The middle class will be left holding the bag, paying for the Senate’s reckless negligence with soaring deficits, higher taxes, and a weak economy as far as the eye can see.
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Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2012/01/20/1000-days-without-a-budget-facts-on-the-senates-failure/
URLs in this post:
 will mark the 1,000th day since the U.S. Senate has passed a budget: http://youtu.be/QG0stsk3Ljs
 Entitlement spending will more than double by 2050: https://email.heritage.org/exchweb/bin/redir.asp?URL=http://www.heritage.org/budgetchartbook/entitlement-spending-double
 344 percent of Gross Domestic Product: https://email.heritage.org/exchweb/bin/redir.asp?URL=http://www.heritage.org/budgetchartbook/national-debt-skyrocket
 hitting $18,400 in 2010: https://email.heritage.org/exchweb/bin/redir.asp?URL=http://www.heritage.org/budgetchartbook/taxes-per-household
 Federal spending per household is skyrocketing.: https://email.heritage.org/exchweb/bin/redir.asp?URL=http://www.heritage.org/budgetchartbook/federal-spending-per-household
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