Friday, February 03, 2012

Pondering the "No Budget" issue ...

All over the internet, I see Republicans angrily demanding Reid present a budget, and it puzzled me why he didn't.

It turns out: it's already been done.

Remember, a budget is not a binding document; it's just a blueprint for spending. The president does not sign it and it is not a federal law. It's just a memo describing how spendings will go, subject to actual appropriations bills.

And guess what! for 2012, the debt-limit agreement in August directs spending for 2012!

Senate Appropriations Chairman Daniel Inouye (D-Hawaii) has already asked the heads of the subcommittees to write their appropriations bills for fiscal 2013.

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