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Current Event Cat of the Day: Rival Budget Plans

Current Event Cat - Rival Budgets

Because no one likes to work together, the two chambers of US Congress have been working separating to put together two rival budget plans to extend the debt limit and reopen the federal government.

The Democratic-dominated Senate spent all of Canadian Thanksgiving cursing Canada for giving them Ted Cruz and running a negotiation marathon. They are reportedly close to a deal but word on the street / common sense has it that the Republicans won’t be thrilled. The Senate measure would reopen the government through Jan. 15, thereby taking some of the pressure off the debt-ceiling crisis and its Oct 17 deadline. The Senate deal may also make a few concessions on the issue of Obamacare. The Senate proposal would invoke a two-year delay on a per-employee tax paid by companies and labour unions on workers’ healthcare plans.

“There are productive negotiations going on with the Republican leader,” Speaker Harry Reid said as he opened the Senate Tuesday. “I’m confident we’ll be able to reach a comprehensive agreement this week in time to avert a catastrophic default.”

However, Obama and the congressional Democrats have made it pretty clear that they are unwilling to negotiate changes to Obamacare… so we’ll see what happens there.

On the other side of the spectrum, House GOP leaders have crafted their own rival budget plan, which raises also the debt ceiling until January and (big surprise) modifies Obamacare. The counter plan involves suspending a new tax on medical devices used to pay for healthcare subsidies for two years.

But again, while the Republican’s rival budget plan is a far cry from the original assault on “Obamacare” that Tea Party enthusiasts demanded, Obama may not be willing to make any concessions on Obamacare.

Breaking Update: Obama just said no. The White House rejected the House’s proposal, labelling it an attempt to appease a small group of conservatives. Obama thought the Senate plan was ok though.

Luckily, Republicans have a backup plan to their rival budget plan: impeach Obama! At a Monday night Tea Party rally, Texas Lt. Gov. David Dewhurst called for the president to be impeached. Dewhurst, who lost a Senate race to Ted Cruz, strongly believes Obama “should be held accountable for Washington’s failure to secure the border and the gross overreach of the federal government under Obamacare.” There’s only one small problem with this plan: disagreeing with a president’s policies or actions does not mean that they warrant impeachment. 

Via: BBC News & Current Event Cats