Dec 12, 2007

SSA Appropriation Likely To Be Same As Bush's Proposed Budget

From The Hill:
In the face of stiff opposition from powerful fellow Democrats, House Speaker Nancy Pelosi (Calif.) has abandoned a proposal she supported less than 24 hours ago to eliminate lawmakers’ earmarks from the omnibus spending package.

Pelosi told the Democratic chairmen of the House Appropriations subcommittees, the so-called appropriations cardinals, that earmarks would stay in the omnibus and that Democratic leaders would accede to cut spending to levels demanded by President Bush in order to save 11 spending bills from a veto, said sources familiar with a meeting that took place in Pelosi’s office early Wednesday morning.

The House Democrats’ tentative plan is to finalize the package for passage in the next day or so, said sources.

By leaving earmarks largely untouched and agreeing to Bush’s budget ceiling, Democrats have capitulated in their spending battle with Republicans. In the end, Democrats realized they would not be able to muster enough Republican votes to override Bush’s veto. The president vowed to reject any spending package that exceeded the $933 billion limit he set.

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