Dec 19, 2007

Budget Bill Moving Forward, But Don't Break Out Any Champagne

President Bush had earlier threatened to veto the omnibus appropriations bill now pending in Congress. An Associated Press article suggests that he is now ready to sign it, assuming the Senate adds more funding for the way in Iraq and they have done so. The House of Representatives is likely to give final approval to the bill later today or tomorrow.

Overall, no one is happy with the bill, but under the circumstances, Social Security did well. The bill does not provide enough money to the Social Security Administration to work down any backlogs. It may not be enough even to prevent the backlogs from getting worse, but the backlogs may not get worse at quite as bad a rate. It is better than nothing, but that may be the best we could have hoped for, and what was achieved took much effort.

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