Can Budget Talks Prevent Another Shutdown?
Immediately after passing a bill to reopen the federal government and pay those pesky bills, Congress got a move on budget talks — a smart move, considering the common view that the standoff is merely being put off. In a speech on Thursday, President Barack Obama spoke heavily on budget cuts, according to CNN transcripts.
“The key now is a budget that cuts out the things that we don’t need, closes corporate tax loopholes that don’t help create jobs, and frees up resources for the things that do help us grow, like education and infrastructure and research, and these things historically have not been partisan,” said Obama.
Nonpartisan items aside, the president also put his plugs in on immigration, Social Security, and Medicare. Since Thursday, Congress has rather rapidly come to the conclusion that any deal it can strike won’t as ambitious as it has historically tried and failed to obtain, according to The New York Times.