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Agreement to Avert Govt Shutdown After Democrats Surrender $38.5B in Cuts

April 9, 2011 by legitgov

Agreement to Avert Govt Shutdown After Democrats Surrender $38.5B in Cuts --'Historic' deal to avoid government shutdown 08 Apr 2011 President Barack Obama and congressional leaders forged a last-minute agreement late Friday night on a deal to cut about $38 billion in spending and avert the first federal government shutdown in 15 years. Obama hailed the deal, a bit more than an hour before a midnight deadline, as "the biggest annual spending cut in history," and Republican House of Representatives Speaker John Boehner said that over the next decade it would cut government spending by $500 billion. "This is historic, what we've done," said the third man in the talks, Democratic Senate Majority Leader Harry Reid. [Yeah, no party in history - led by the biggest sell-out/prevaricator on God's green earth - has ever *bent over* as deeply as the Democrats. This is just the opening salvo by the Teabaggers - eliminating Medicare is next. No worries: Obama will cave on everything else his Koch brother/GOP overlords demand after all the brouhaha dies down. --LRP]


The $WELL$

April 9, 2011 by Bruce (not verified), 4 years 16 weeks ago
Comment: 1739


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