McCarthy: Last Time Senate Passed a Budget ‘The iPad Hadn’t Even Been Introduced’
The Republican-led House has done so. But “what’s the history of the Senate?” McCarthy asked. “The last time they passed a budget, the iPad hadn’t even been introduced.”
McCarthy noted that when Republicans gained a majority in the House after the 2010 midterms they passed Budget Committee Chairman Paul Ryan’s (R-Wis.) budget within four months, on April 15, 2011.
House Republicans on Wednesday expect to pass a bill that will extend the debt limit for three months, postponing what loomed as a major fight between Republicans and Democrats over spending cuts.
The bill also contains a provision withholding the pay of lawmakers if either chamber fails to pass a budget plan by April 15.
McCarthy said the nation has racked up trillion-dollar deficits every year the Senate has failed to produce a budget: “Nobody would expect to be paid if they didn’t do their job. No budget, no pay,” he said.
By failing to pass a joint budget resolution, the federal government has operated on a series of continuing resolutions, or short-term appropriations bills that maintain funding at current levels. Since 2009 -- which includes all of Obama’s first term – annual budget deficits have not dropped below $1 trillion.
The budget deficit for fiscal year 2009 was $1.4 trillion, followed by $1.3 trillion deficits in 2010 and 2011. In fiscal year 2012 the deficit again surpassed the $1 trillion mark, the Treasury announced in October.
And as CNSNews.com recently reported, during Barack Obama’s first term, the debt of the federal government increased by $5.8 trillion, which exceeds the combined debt accumulated under all presidents from George Washington through Bill Clinton.