It’s a Mad Mad (Budgetary) World

February 18, 2011 | By Liza Casabona | Post a Comment

Today, after days of Republican and Democratic sparring over spending priorities, the House slogged its way into day three working through nearly 600 proposed amendments to HR 1, the continuing resolution that would provide funding for the remainder of fiscal year 2011.

The proposed amendments run the gamut from cutting deeper to restoring some funding that was eliminated in the CR package put forward by the Republican leadership. The process is creating a lot of uncertainty and causing no small amount of angst among the stakeholders and groups that would be impacted the most by reductions in federal funding.

Under pressure from conservative members of his party House Speaker John Boehner (R-Ohio) upped his rhetoric on Thursday, saying he would not move another temporary CR forward that kept spending at current levels and spending cuts were required. And President Obama issued a statement of administration policy earlier this week threatening to veto any CR containing deep cuts that undermined administration priorities or national security.

It could all be political posturing, but unless a spirit of compromise takes hold of Congress in the next two weeks the supposedly distant possibility of a government shutdown could become reality. And we haven’t even gotten to the part where the Senate weighs in yet.

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