Out-of-Control Spending? Just Scrap the Budget!
It has never been more important for Congress to follow the regular budget and spending process. Deficits are spiraling out of control, threatening the financial solvency of the country.
While taxpayers are required by law to file tax returns by April 15th, Congress appears ready to give their budgeting deadline a miss.
In fact, according to this report on Politico, “some Democratic insiders suspect that leaders will skip the budget process altogether this year—a way to avoid the political unpleasantness of voting on spending, deficits and taxes in an election year.”
With deficits soaring ever higher, this is no time to short-circuit or skip the annual budgeting process.
Now $40,000 in spending per U.S. family won’t even be planned? That is really bad news.
The president submitted his proposed budget on Monday, February 1st—on time. The Congressional Budget Office didn’t make its February 15 deadline for analyzing the budget, though. It produced a preliminary analysis on March 5th and a final analysis on March 23rd—more than a month late.
That doesn’t mean the process has to go off the rails. The House and Senate can begin working on their budget resolutions any time, but they haven’t.
With spending spiraling out of control—and because you Americans don’t really pay attention—the path of least resistance for Congress is to go without budget planning this year.
If you don’t think that’s appropriate. Call your representative and say so (the number is 202-224-3121—be nice). You can also send this blog post around to your friends.