After Republicans revealed a detailed budget alternative plan yesterday, politicians debated past midnight in preperation for a votes today on opposing plans. While many moderate Democrats have been weary of President Obama "New Era of Responsibility," they have adopted similar, slightly less expensive legislation.
With such a strong Democrat majority, the GOP faces an uphill battle. But the American people lose support for the massive spending of the Obama budget everyday. The Republican plan spends, borrows and taxes significantly less than the Democrat plan, keeping an eye on long term success, rather than the hope of immediate but temporary relief.
In addition to their overspending, debt-inducing ideas, some Democrats hope to employ a fast track procedure -- known as "reconciliation" -- to move Obama's healthcare and climate change legislation through quickly without the possibility of a Republican filibuster. Some Republicans have called this a "purely partisan measure" and many Democrats oppose it as well.
While the House and Senate both hope to pass seperate versions of the budget by the end of this week, opposition will be loud from both sides of the aisle depending on what gets through. Free market economists speculate the Obama plan is a bad idea, according to CNSNews.
“In the recent past, the Republican Party failed to offer the nation an inspiring vision and a concrete plan to tackle our problems with innovative and principled solutions,” said Rep. Paul Ryan, ranking member on the Budget Committee. “We do not intend to repeat that mistake.”
Ryan has the support of GOP leaders, Rep. John Boehner, Rep. Eric Cantor and Rep. Mike Pence, behind him as well -- despite divisive rumors.
"The Democrat budget will double the national debt in five years, triple it in ten—and the numbers tell the tale. 2010 spending: $3 trillion, 25 percent of GDP, more than a trillion dollars in tax increases. 2010 deficit: a trillion dollars and estimates suggest deficits of nearly a trillion dollars for the next ten years," said Pence last night on the House floor.
“The truth is, the Democrat majority has brought to this floor the most fiscally irresponsible budget in American history."