Monday, March 09, 2009

Whatever happened to the omnibus spending bill?

Whatever happened to the omnibus spending bill? Complete silence, can't even find a new news-bit on google-news. They didn't pass it on Friday, were supposed to continue deliberation this week - but complete media darkness on the subject. Odd, won't you say?

The following article is from 3 days ago:
Senate puts off vote on omnibus spending bill
The Senate has put off until next week a final vote on a $410 billion catchall spending bill.

Senate Majority Leader Harry Reid says he is one vote short of the 60 votes needed to advance the measure. The Nevada Democrat has now decided to allow Republicans more opportunities to change it next Monday.

Reid said Thursday night that both the House and the Senate will now have to pass a stopgap spending bill by Friday night. That's when funds already approved for the government run out.

Republicans say the sprawling bill is too costly and loaded down with thousands of pet projects.

Those so-called "earmarks" have drawn the ire of conservatives who equate pet projects with wasteful, unnecessary spending — even though many Republican as well as Democratic lawmakers seek them out.

Cancel the socialist bill - save the market. If they say they don't have the votes and therefor cannot pass it - at least there'll be a reason for the market to rally. Can't predict what the market will do but at least give it a reason to lay off the selling pressure. However, when it passes - wear a helmet 'cause the house is comin' down.

Here's Foxnews breaking apart who's getting to milk the budget with this bill:
Winners and Losers in the Proposed Massive Spending Bill
With nearly 9,000 earmarks in this year's omnibus spending bill, FOX News breaks down what states win and what states lose.

Bringing home the bacon is a Washington tradition, and as the $410 billion spending bill indicates, this year is no different. The Senate is battling over the massive Omnibus for the 2009 fiscal year, which passed the House last Wednesday but was blocked the next day by Senate members on both sides of the aisle who said it contained too much wasteful government spending.

Republicans and Democrats say it is likely to pass this week. And if it does, with its almost 9,000 earmarks, some states are set to become clear winners, while others states are poised to lose big.

Using data from the citizen watchdog group Taxpayers for Common Sense, Fox News crunched the numbers to determine the biggest winners and losers among the states.

On the House side, second-term Rep. Mazie Hirono, (D-Hawaii) secured the most earmark projects in the proposed spending bill, totaling $138 million. The top Republican is former presidential contender and self-proclaimed fiscal conservative Ron Paul, (R-Texas), who could stand to get $73.7 million in earmarks.

On the Senate side, no one comes close to Thad Cochran, (R-Miss.) with 204 earmarks -- that he either sponsored or co-sponsored -- totaling $470 million.

Cochran is followed by five-term Democratic senator Tom Harkin of Iowa, at $292 million.

Any word on the subject on main news site? It's 3:16pm on Monday, I found nada, ziltch. Nothing. Media blackout?

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