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Democrats call for new spending in US debt deal

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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-11 04:04 PM
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Democrats call for new spending in US debt deal
WASHINGTON, June 22 (Reuters) - Democratic leaders called on Wednesday for additional spending to boost the sluggish U.S. economy, setting up a fresh hurdle for bipartisan efforts in Washington to head off a government debt default this summer.

Democrats' demand for new stimulus spending is at odds with the work of negotiators, led by Vice President Joe Biden, who are trying to find trillions of dollars in savings as part of a deal that would allow Congress to sign off on new government borrowing before the U.S. runs out of money to pay its bills.

Those talks, which resumed on Wednesday, have largely focused on spending cuts over the next 10 years. Senate Democrats want the deal to include more money for highway construction, a payroll tax cut and clean-energy subsidies to bring down the 9.1 percent unemployment rate.

"Get the recovery right before you get in this deficit-cutting mode," Assistant Senate Democratic Leader Dick Durbin told reporters. "Get people back to work. Let's start moving in that direction."

Read more: http://www.reuters.com/article/2011/06/22/usa-debt-idUSN1E75L0GC20110622
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-11 04:09 PM
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1. sounds like a great set of ideas... toss in cutting the military budget
and you've got a home run.
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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-22-11 05:39 PM
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2. Did I read those words right: Payroll tax cut
Further weakening for Social Security, and a chance to give Repukes the opportunity to say that SS really does affect the deficit.
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