The Senate rejected Obama’s plan to establish a bipartisan task force to recommend ways to reduce the federal deficit. 53 voted in favor however 46 voted no and 60 votes were needed for passage.
Chief sponsors of the bill (Kent Conrad and Judd Gregg) stated that congress has proven it is incapable of making the difficult decisions needed to reduce the deficit.
Senate Finance Committee Chairman Max Baucus of Montana stated, “There is not doubt we have to get our fiscal house in order, the question is what’s the best way to do it”? JUST QUIT SPENDING MAX! Since 1974, you have held the positions of representative and senator and 36 years later you have not yet figured the best was to do it!
One suggestion Max, vote no on raising the debt ceiling by $1.9 trillion. You and your fiscally irresponsible club members owe it to our children and grandchildren.