Rand Paul is Right – Paul Ryan’s Bi-Partisan Budget Deal is a Disaster
Apparently, fiscal conservatism is dead. Long live spending without consequences and uncontrollably ballooning deficits.
Early Friday morning (around 4 am), Congress passed Paul Ryan’s bi-partisan budget deal that will stave off another government shutdown for at least the next two years.
It was an unexpected nail-biter: After a short “technical” shutdown, Congress early Friday passed a measure that would raise spending levels by $300 billion over the next two years.
The vote came hours after appropriations expired at midnight, shuttering agencies for the second time in three weeks after Sen. Rand Paul, R-Ky., derailed the Senate vote in a protest over ballooning deficit spending. The Senate finally passed the legislation early Friday with wide bipartisan support on a 71-28 vote.
The House convened at 4 a.m. and finally took up the legislation shortly after 5 a.m., passing the bill on a 240-186 vote.
The Bipartisan Budget Act, now heading to President Trump’s desk, will place agencies on their fifth continuing resolution of fiscal 2018, giving lawmakers until March 23 to set line-by-line appropriations for agencies across government.
The forthcoming omnibus spending bill would give appropriators an additional $63 billion for non-defense agencies, allocating a total $579 billion for fiscal 2018 for domestic agencies. Defense spending would increase by $80 billion. In fiscal 2019, non-defense spending would increase by $68 billion to $597 billion.