9 Years Without a Budget, But Mitch McConnell Now Scared of “Trump Deficit” – Wow!

Trump’s inauguration day can’t come soon enough. Between all the nonsense of the Russians and all the Democrats whining, most Americans have had enough. But the crazies seem to be on both sides of the aisle.

We haven’t had a federal budget signed into law since 2007 and suddenly Republicans are worried about a deficit. Seriously? This is the kind of stupid stuff that just drives Conservatives nuts! McConnell himself helped create this swamp were in!

The last federal budget was signed into law in September 2007 for fiscal year ’08 by George W Bush.  Since then, Congress has facilitated nine consecutive years of continuing resolutions, debt ceiling increases and Omnibus spending bills.

President Obama never spent a single day in office with a budget. Not one day.  The current Paul Ryan initiated CR/Ominibus spending package ends on April 1st, 2017.  [Not coincidentally the same due date for President Trump’s statutorily required first budget proposal, which would take effect October 1st 2017 for fiscal year 2018.]

Regardless of Trump’s budget proposal, and as a direct consequence of the CR/Omnibus approach, Congress is going to have to pass another CR spending bill, to fund government operations from April 1st through the end of the fiscal 2017 year (Sept. 30th).  Remember,  Ryan/McConnell created this financial mess.

(Via Bloomberg) President-elect Donald Trump’s race to enact the biggest tax cuts since the 1980s went under a caution flag Monday as Senate Majority Leader Mitch McConnell warned he considers current levels of U.S. debt “dangerous” and said he wants any tax overhaul to avoid adding to the deficit.

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“I think this level of national debt is dangerous and unacceptable,” McConnell said, adding he hopes Congress doesn’t lose sight of that when it acts next year. “My preference on tax reform is that it be revenue neutral,” he said.

Revenue neutral? Seriously? Excuse me, Sen. McConnell, but where were your priorities the last 7 years?

Trump pledged  that his administration would put “millions of our people to work” by rebuilding highways, bridges, tunnels and other infrastructure. Trump plans to pump $1 trillion of new infrastructure spending into the economy — but done in a way that would not cost taxpayers.

What a concept! Add jobs! Reduce regulations! Cut spending! Not add any new taxes…can’t imagine why Establishment Republicans like Sen. Mitch McConnell would be upset can you?

 

 

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