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Showing posts with the label budget

STATEMENT: President Obama calls House and Senate passage of budget a "good first step"

buzzz worthy. . . Statement by the President I’m pleased that with tonight’s vote in the Senate, for the first time in years, both parties in both houses of Congress have come together to pass a budget.  It’s a budget that unwinds some of the damaging sequester cuts that have harmed students and seniors and acted as headwinds our businesses had to fight.  It clears a path for critical investments in things like education and research that have always grown our economy and strengthened the middle class.  And it will continue to reduce our deficits at a time when we’ve seen four of the fastest years of deficit reduction since the end of World War II.  All told, it’s a good first step away from the shortsighted, crisis-driven decision-making that has only served to act as a drag on our economy.  It helps chart our economic course for the next two years, which means that the American people won’t be exposed to another painful and unwise government shutdow...