Moderate Democrats Resist
By SusanUnPC on March 25, 2009 at 3:30 AM in Congress (House & Senate), Democratic Party, Obama Administration, Obama's Budget
If you read Larry Johnson’s “The Truth on the CBO Budget Projections,” you must see this video and another of Judd Gregg on Fox News tonight in response to Obama’s snoozer of a press conference (btw, did you notice how he avoided print journalists?):
BELOW, Judd Gregg and clips from CNN’s “Senate Dems propose cutting Obama budget by billions“:
From CNN’s “Senate Dems propose cutting Obama budget by billions“:
WASHINGTON (CNN) — Hours before President Obama was to hold a prime time news conference — in part to boost his $3.6 trillion budget plan — a key Democratic senator Tuesday unveiled a scaled-down budget proposal.
Sen. Kent Conrad of North Dakota said the Senate Budget Committee, which he chairs, will vote on his version Wednesday.
“We’ve made hundreds of billions of dollars of changes to make this work to get down to the deficit goal and at the same time maintain the president’s priorities — education and energy and health care,” Conrad said as he left a closed meeting in the Capitol, where he briefed Senate Democratic colleagues on his plan.
Conrad and other centrist Democratic senators — whose support is critical to passing the legislation — have raised concerns about the long-term impact of the president’s spending plan on the deficit.
HOWEVER, Republicans are blasting Conrad’s compromise plan as well as Obama’s astonishing @ $4 trillion budget:
Republicans who blasted the Obama budget proposal for spending, taxing and borrowing too much also criticized Conrad’s proposal because some of the items Conrad stripped from the spending blueprint might have to be funded anyway.
For example, Conrad’s budget strikes Obama’s proposal to set aside $250 billion in case more money is needed for the financial sector rescue, an aide said.
Conrad’s budget also curtails Obama’s fix of the costly alternative minimum tax and doesn’t account for increased payments for doctors who care for Medicare recipients, said Sen. Judd Gregg of New Hampshire, the top Republican on the Budget Committee.
“You can get these presidential numbers down by using a lot of gimmicks that the president didn’t use. That would be a mistake. Let’s be honest with the Americans,” Gregg said Tuesday.
“It’s certainly not a gimmick,” Conrad responded. “We faced up to changes.”
Republicans were also critical of Conrad’s plan to calculate the budget deficit over five years instead of 10, meaning a common measure of government spending, the 10-year cost, wouldn’t officially be part of the price. Gregg accused Conrad of trying to hide the true cost of the plan. …

















