Senate Passes 2-Year Budget Deal And Sends It To Trump

Cheryl Sanders
August 4, 2019

Despite the vigorous urging of Donald Trump and Republican congressional leadership, rank and file members of the party offered only tepid support for the bipartisan budget deal that increased the USA national debt ceiling and paved the way for higher government spending. Lindsey Graham of SC that would require Facebook and other companies to disclose the purchasers of election ads on the internet; a bipartisan proposal to provide federal incentives for states to adopt paper ballot backups, and a bill passed by the Democratic-controlled House to provide $1 billion to states to tighten security and buy more secure voting machines. But it does significantly reduce the odds of an autumn battle while taking the far more unsafe prospect of a debt-limit default off the table until mid-2021.

"Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs!" Trump again tweeted his full-throated support prior to the Senate vote. Two year deal gets us past the Election, ' Trump said, hinting at urgency as the 2020 elections approached.

"There is always plenty of time to CUT!". Last week, the House left for a six-week recess.

The government spends more money than it brings in through revenue, and it covers the difference by issuing debt. Paul called the move part of a spending problem in Washington, D.C., and said it binds future generations to massive levels of debt.

The legislation now heads to President Donald Trump's desk, where he's expected to sign it despite the "monstrous addition of debt" that would result, as Trump ally Rand Paul, R-Ky., said on the floor Thursday.

The bill would lift the debt limit for two years, into either a second Trump term or the administration of a Democratic successor. The destructive path of spending racing ahead of revenue continues and each year a larger chunk of our tax dollars is needed just to pay the interest on debt, which this year will be about $480 billion. An additional $100 billion over two years would add to recent gains for military readiness, combating opioids and other domestic initiatives, and would keep pace with rising costs for veterans' health care.

Since Trump took office in January 2017, US debt has risen by around $2.5 trillion and is rapidly climbing above the $22.5 trillion mark it is now at - a level some experts see as dangerously high.

Many conservatives in the Republican-led Senate are torn between supporting President Donald Trump and risking their political brand with an unpopular vote to add $2 trillion or more to the federal debt.

Speaking from the Senate floor on August 1, Senate Majority Leader Mitch McConnell (R-Ky.) defended the bill, calling lawmakers to support it.

'We can't afford it, ' said Republican Sen. James Inhofe, R-Okla.

The bills - which would have helped state and local governments tighten election security and purchase voting machines that provide a paper trail that can be consulted in the event digital tampering is suspected - were blocked by Senate Majority Leader Mitch McConnell, R-Ky., prompting critics to nickname him "Moscow Mitch" and denounce him as a "Russian asset". They'll also likely have to eliminate numerous partisan policy riders they included in their original bills. Paul, which would cut spending and balance the budget; however, it failed to get the 60 votes necessary to pass. But moderate Democrat Joe Manchin said he's concerned with the "long-term fiscal responsibility" that the bill seems to ignore.

Under the bill total discretionary budgets would rise to $1.37 trillion in fiscal 2020, counting adjustments to the regular caps for war-related spending and the 2020 census. In an earlier statement, MacGuineas had urged members of Congress to "cancel their summer recess and return to the negotiating table for a better deal". This is the deal President Trump is waiting and eager to sign into law.

Freshman Republican Indiana Sen. "I just can't understand why", he said. "Remarkably, they seemed to have forgotten their supposedly principled calls for fiscal discipline now that President Trump is in office".

"To the extent that my colleagues are anxious about what happened to defense spending in the last 10 years, there's only one explanation for that", Murphy said on the floor.

Other reports by iNewsToday