On the wire …
For the 2nd year in a row, the Democratic-controlled Senate unanimously rejected President Obama’s budget submission. This year’s vote: 99 to 0.
Coupled with the House’s rejection in March, 414-0, that means Mr. Obama’s budget has failed to win a single vote in support this year.
Team O had been saying – with a straight face, no less – that the President was offering up a “balanced approach” to begin reining in deficits., even though it It would add $6.4 trillion in new deficits over the next 10 years.
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Ken’s Take: Amazing that the county’s CEO and top-lawmaking body are unwilling to develop an operating budget … for the 3rd year in a row.
No company that I know of operates that way.