>>> Senate Democrats suffered a wave of defections Wednesday as their proposal to cut just over $6 billion from federal spending this year went down to defeat.
The Democratic bill attracted two fewer votes than the rival GOP measure that would cut spending by another $57 billion this year. The 11 defections will give Republican leaders ammunition in subsequent talks, as they were able to keep their caucus more unified. <<<
It appears that there are enough fiscally concerned Democrats in the Senate to give the GOP some bargaining leverage as negotiations continue. There is an effort to reach some sort of compromise that will set the stage the for more cuts and a serious debate regarding spending.
I have to tell you, it appears that this crop of GOP leaders, in the House and the Senate, are on the right track . . . . . . . finally.
In NY, union pensions have increased by a multiplier of 10 over the course of the past decade while union member contributions to those pension was measured in single digits. I use this state example as a typical view of what is happening on the national scene. Obviously, this kind of spending cannot continue.
Point of post: to remind/inform the readership that the GOP got the message, last November, while the Democrats simply chose to ignore the voters expressed wishes.
Understand that the two sides are far, far apart. The GOP Senate bill did not get a single Democrat vote, and [also] failed for that reason. But, it is significant that the Democrat controlled Senate could not pass its own bill, either. 11 Democrats refused to support the Democrat effort. Again, there is a move under way to get serious about spending cuts. . . . . . . as pathetic as that effort might be. Truly, it is better than nothing.
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