Obama 2013 Budget Goes Down in Senate, 99-0

President Obama’s 2013 budget just went down to defeat by a 99-0 vote in the Senate. In March, the measure went before the House for a vote – and went down to flaming defeat, 414-0. The Obama budget had been held up in the Senate by Democrats for fear of complete failure; that fear, it appears, was justified.

Sen. Jeff Sessions (R-AL), Senate Budget Committee ranking member, brought forward Obama’s budget as a resolution. The White House had already attempted to distinguish its budget from Sessions’ budget resolution by claiming that there were minor policy differences between the two, a weak attempt by the White House to provide an excuse for why Democrats would vote it down.



Comments

advertisement

The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

Full Article

Send A Tip

Most Popular

advertisement

Breitbart Video Picks

Fox News National

advertisement

Sign up for our newsletter

advertisement

From Our Partners