I thought the government would be shut down last week

[TexasDevilDog]

if they did not make the deal. But they have not voted on it yet. So, why is the government not shut down when they have not voted on it yet?

http://www.politico.com/news/stories/0411/53155.html

[The King]

Stopgap funding through Thursday while the deal is formalized and sent to obammy for his sig.

[Forever_frost]

if they did not make the deal. But they have not voted on it yet. So, why is the government not shut down when they have not voted on it yet?

http://www.politico.com/news/stories/0411/53155.html

They came to a tenative agreement

[TexasDevilDog]

I am so sick of government thinking like most americans that we can borrow our way to prosperity.

[The King]

House and Senate passed the measure, so the government is now funded through the rest of FY11 and there will be no shutdown.....for now.

Interestly, House minority leader Pelosi voted against it. I suppose the piddling $38B cuts were too much for her entitled little self.

[thesource]

I read this on another forum:

This year, congress will spend $3.7 trillion dollars, or about 10 billion per day. If we taxed every citizen earning at least $250,000 per year at 100% (yes, take all of their earnings), it would yield the treasury $1.4 trillion, or about 141 days worth of spending. Confiscating all corporate profits, about $400 billion worth, would get us another 40 days. This gets us to the end of June. No problem, we can just confiscate all of the wealth of the super rich (that’s right; take all of their money and wealth in one fell swoop). Forbes magazine estimates that there are about 400 billionaires in the US, worth a combined $1.3 trillion. This would get us to mid-August or so. Of course, you can now start pillaging the middle class and poor to cover the final three months, but what do you do in the next year and the years after that?

[The King]

I read this on another forum:

This year, congress will spend $3.7 trillion dollars, or about 10 billion per day. If we taxed every citizen earning at least $250,000 per year at 100% (yes, take all of their earnings), it would yield the treasury $1.4 trillion, or about 141 days worth of spending. Confiscating all corporate profits, about $400 billion worth, would get us another 40 days. This gets us to the end of June. No problem, we can just confiscate all of the wealth of the super rich (that’s right; take all of their money and wealth in one fell swoop). Forbes magazine estimates that there are about 400 billionaires in the US, worth a combined $1.3 trillion. This would get us to mid-August or so. Of course, you can now start pillaging the middle class and poor to cover the final three months, but what do you do in the next year and the years after that?

Borrow from the Chinese