It looks as though the House has concurred on the Senate's plan to cut 2.75% of the budget. That means the hole isn't really fixed as the Senate plan didn't fix the entire deficit. That also means there will be no conference committee between the House and the Senate. Basically House liberals decided no input into the Senate's budget was better than allowing any conservative input in the House.
How the rest of the hole will be filled isn't hard to figure out. Tax increases that everyone will scream are "revenue enhancements."
Thursday, May 7, 2009
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