The House of Representatives yesterday rejected the Obama administration’s proposed budget 414-to-0; it failed to get a single Democratic vote. As Ed Morrissey noted, “the President wants to keep proposing massive deficits, increased spending, and higher taxes . . . This is the second year in a row that Obama’s budget couldn’t win a single Democratic vote in Congress. In parliamentary systems, that would be a vote of no confidence and the party would be looking for new leadership.”
While the GOP-controlled House passed a budget plan of its own yesterday in a vote largely along party lines, the Democratic-controlled Senate has not passed a single budget during the Obama Administration, leaving the country without an official budget for over a thousand days. Senator Joe Manchin (D-W.Va.) acknowledged that “there’s no excuse” for Senate Democrats’ failure to pass a budget, and that a state governor might face impeachment for similarly failing to put together a budget. Senate Democrats don’t want to pass a budget containing all the spending they’ve authorized through individual spending bills, since doing so would further expose their complicity in the Obama administration’s record deficit spending. During the Obama administration, the federal government has run up the largest budget deficits in history; the Obama administration ran up more red ink in just one month (February 2010) than the Bush administration ran up in an entire year (all of 2007). In the 2008 campaign, Obama promised a “net spending cut,” but as soon as he was elected, he proposed massive spending increases.
One important way to reduce trillion-dollar deficits would be to pass legislation eliminating obstacles to economic growth. The more the economy grows, the more tax revenue the government will have. But Obama administration policies have created more obstacles to job creation, and are preventing the economy from recovering at a rapid rate. Liz Peek wrote in Fiscal Times about “How Obamacare Derailed the Economic Recovery.” As we noted earlier, Obamacare is causing layoffs in the medical device industry, is discouraging employers from hiring, and is reducing capital investment needed for future hiring and expansion.
The Supreme Court has completed its three days of oral arguments in the legal challenges to Obamacare that brought thousands of protesters and court-watchers to Washington, D.C. I previously summarized the issues and arguments in the case at this link, and discussed at this other link why the Supreme Court is less likely to strike down Obamacare than many analysts assumed from listening to the oral arguments, despite the lousy job the Obama Administration did in defending it in court. The Court does appear likely to vote up-or-down on whether Obamacare is unconstitutional rather than dismissing the case on a technicality (the Anti-Injunction Act), the way one lower court (the U.S. Fourth Circuit Court of Appeals) had done. In addition to challenging the individual mandate, states also challenged the constitutionality of Obamacare’s Medicaid expansion provisions, which will cost the states many billions of dollars especially after 2016.
The healthcare law is not the only recent legislation that has elicited complaints from business owners. The 2010 Dodd-Frank law backed by the Obama Administration has wiped out jobs and driven thousands of jobs overseas, resulting in complaints from the Chamber of Commerce and others.