Spending: What’s Next?
Last night, the Senate Majority Leader Harry Reid (D-NV) pulled the bloated $1.1 trillion omnibus from the floor. The turnabout was rapid and left things in a state of flux – funding for the government runs out Saturday night. While the defeat of the pork-laden omnibus represents a victory for taxpayers and our political system, there is much work to be done.
According to The Hill, Reid will work with Senate Republican Leader Mitch McConnell (R-KY) to advance a short-term continuing resolution. A CR, as it is commonly called, funds the government for a specified period at the previous level of funding – no earmarks, no money for Obamacare and no special interest handouts.
A short-term CR would be great news for taxpayers, as it would allow newly elected members to take a cut out of spending early next year. And if there is one thing we’ve learned from the election, it’s that Americans are eager for change. Cutting spending would be a drastic and welcomed change.