The federal government may endure a partial shutdown some time after midnight Friday, April 8 because House Republicans can not come to agreement on spending levels for the rest of the fiscal year with Senate Democrats and President Obama. But what is the disagreement over?
The issue is over whether Congress should approve spending cuts of two pennies from every dollar spent in deficit in the current fiscal year or — what Senator Chuck Schumer (D-N.Y.) calls "extreme" — a plan to cut four pennies from every deficit dollar.
The federal deficit for 2011 is estimated by the Congressional Budget Office to be some $1.4 trillion dollars and congressional negotiators are wrangling over whether to cut $30 billion or $61 billion from the spending plan, which amount to two percent or four percent of the deficit.
"Now, more than ever, the illusions of division threaten our very existence. We all know the truth: more connects us than separates us. But in times of crisis the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” -King T'Challa, Black Panther
The truth is incontrovertible. Malice may attack it. ignorance may deride it, but in the end, there it is. ~Winston Churchill