Congressional Republicans effectively declared Barack Obama's budget to be dead in the water on Friday – in spite of concessions that would see cuts to welfare benefits.<quoted text>Like I said before, he hasn't submitted a budget, when this happens (if it gets through the senate) then we can start getting things organized, until then, tuff shit.
Obama has fuched up from day one, "I will cut our deficit in half", not what do we have, looks like 17 trillion!
Last week/month we added 88,000 jobs to our national employment, well below the expected. At this rater we are looking at a depression.
The budget, which would kick in on October 1, is not due to be published until Wednesday, but the main elements were reported on Friday by the New York Times and Reuters, and confirmed off the record by the White House. As well as benefit cuts, the budget proposes tax rises.
The Republican House speaker, John Boehner, dismissed the proposed benefit cuts as "modest".
Obama made a rare visit to Congress last month to address House Republicans, who have proved to be his staunchest opponents, in an attempt to gather support for his budget.