April 8, 2011
A Breaking Budget Deal? (Updated)Topics: Political News and commentaries
Both Fox and CNN say that John Boehner was to have addressed the media at 10:25 ET ... and that still hasn't begun, although they're doing sound checks now. Republicans and Democrats have reportedly agreed to cut $38 billion for the rest of FY2011, but that Democrats are still balking at $300 million in cuts to Planned Parenthood:Apparently, Reid and Boehner are going to be holding dueling press conferences soon ... and only then will we know of this thing's for sure or not.
At $39 billion in cuts ... it doesn't really matter one way or the other. Virtually nothing has been accomplished in the overall scheme of things. Obama's excessive spending continues virtually unabated ... and essentially nothing has happened to reduce the ever-growing deficit which stands ... as we speak ... at over $14.3 trillion ... and growing every second.
Update: Boehner says there no deal yet ... and the 'Issue Is Spending'.
Update 2: Meanwhile, Phillip Klein says it smells like a deal.
Posted by Richard at April 8, 2011 10:51 AM
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