Budget Showdown 2011

POLITICAL HIGHLIGHTS

By Bonnie K. Goodman

Ms. Goodman is the Editor of History Musings. She has a BA in History & Art History & a Masters in Library and Information Studies from McGill University, and has done graduate work in history at Concordia University.

OBAMA PRESIDENCY & THE 112TH CONGRESS:

With just over a day left for negotiations before the government will shutdown and despite working all night Congressional Republicans and Democrats have still not come to an agreement for the 2011 Budget. Last night President Obama met with House Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) at the White House, declaring some progress, still there was no agreement.

Although Obama opposes the measure Speaker Boehner and Republicans are working on a week extension to prevent the shutdown on midnight Saturday. At issue is the 7 million difference between the Democrats proposed 33 million and the Republicans 40 million in spending cuts.

The shutdown would affect 800,000 federal workers and all aspects of the government.

The last government shutdown was in November 1995 and January 1996, when Democrat Bill Clinton was President and Newt Gingrich was the Speaker of the Republican Congress. The clash over the 1996 budget caused a government shutdown for 21 days.

Advertisements
Comments are closed.
%d bloggers like this: