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Old 10-04-2013, 02:12 PM
 
Location: Maui County, HI
4,131 posts, read 6,306,309 times
Reputation: 3364

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Does Congress Even Need to Pass a Budget?

Quote:
Is it normal for Congress not to pass a federal budget?

Unfortunately, yes. It turns out that we’re a pugilistic people by nature, and when you put money into the mix, things just escalate like a Gambino family reunion. The last time that we had a full-on, real-life federal budget that was signed into law, it was 1997. Bill Clinton was president, and Newt Gingrich was speaker of the House (and only on his second wife).





So how is it that now Republicans are now accusing Obama of being a "dictator" violating the Constitution for not having signed into law a budget that hasn't been passed by Congress?
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Old 10-04-2013, 02:30 PM
 
Location: Gulf Coast Texas
28,488 posts, read 15,447,826 times
Reputation: 11409
Your answer is in the article...

When was the last time we had a budget bill that was approved?

April of 2009. But technically it was just an “omnibus spending bill,” and President Barack Obama was none too thrilled to be signing it, citing the excessive number of earmark projects. The following year, Democrats chose not to put forth a budget bill because they deemed it politically imprudent during the hotly contested midterm elections. Same thing happened the next year. You get the point.
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Old 10-04-2013, 02:38 PM
 
Location: Barrington
45,839 posts, read 34,049,024 times
Reputation: 15313
The Budget & Accounting Act of 1921 requires the President to submit a budget.

Budget and Accounting Act - Wikipedia, the free encyclopedia



Six presidents have presided over a balanced budget:

Clinton- 1998- 2001

LBJ- 1969

Eisenhower- 1956-1957

Hoover- 1930

Coolidge- 1924-9

Harding- 1921-3

Presidents submit and Congress approves, or not. What is submitted is not what gets approved. Credit or blame belongs to the Admin and Congress.
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Old 10-04-2013, 03:26 PM
 
Location: San Diego, CA
10,582 posts, read 8,282,991 times
Reputation: 4158
Quote:
Originally Posted by middle-aged mom View Post
Six presidents have presided over a balanced budget:

Clinton- 1998- 2001 - Budgets weren't balanced. Spending exceeded revenue, the govt had to borrow to make ends meet as usual, and the National Debt increased every year.

LBJ- 1969 - Again, budget weren't balanced. Spending exceeded revenue and the govt had to borrow to make ends meet as usual, and the National Debt increased that year, too.

Eisenhower- 1956-1957 - These were the last years the budget was balanced.
Better find a factual source.

http://www.treasurydirect.gov/NP/debt/current

Only when the debt at the end of the (fiscal) year is equal or less than the debt at the beginning of the year, do you have a balanced budget.
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Old 10-04-2013, 04:55 PM
 
25,630 posts, read 30,432,723 times
Reputation: 23112
Quote:
Originally Posted by Little-Acorn View Post
Better find a factual source.

Debt to the Penny (Daily History Search Application)

Only when the debt at the end of the (fiscal) year is equal or less than the debt at the beginning of the year, do you have a balanced budget.
So we are suppose to trust a government site vs wikipedia? Ummmmm.... Yeah I think moonbats might accept that.
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Old 10-04-2013, 06:41 PM
 
Location: Maui County, HI
4,131 posts, read 6,306,309 times
Reputation: 3364
Quote:
Originally Posted by DRob4JC View Post
Your answer is in the article...

When was the last time we had a budget bill that was approved?

April of 2009. But technically it was just an “omnibus spending bill,” and President Barack Obama was none too thrilled to be signing it, citing the excessive number of earmark projects. The following year, Democrats chose not to put forth a budget bill because they deemed it politically imprudent during the hotly contested midterm elections. Same thing happened the next year. You get the point.

Yes an omnibus spending bill was passed in 2009, not a budget
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