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Thursday, February 24, 2011

A Government Shutdown -- It is up to the Democrats

In a rather savvy move, the House Republicans have offered a two week extension of the funding for the federal government on the condition that there will be $4 billion of spending cuts. With total spending coming to in excess of 1.3 trillion dollars, it is hard to imagine that the Democrats can balk at a cut of 4 billion. It is cutting about a quarter of a cent out of each dollar spent. Nevertheless, the initial response from the Democrats has been to reject the GOP proposal. If anyone ever needed proof that the Democrats have no intention to cut any spending, this is it.

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