After All These Bailouts, Funding the Government Seems Cheap
Today, almost five months after the start of fiscal year 2009, House Democrats introduced an enormous spending package to fund much of the federal government in
Jul 31, 202042K Shares1.4M Views
Today, almost five months after the start of fiscal year 2009, House Democrats introduced an enormous spending package to fund much of the federal government in fiscal year 2009.
Not a typo.
When Congress and the Bush administration were butting heads last year over the size of the Democrats’ spending bills, congressional leaders decided to delaythe process until someone else had the keys to the White House. After passing bills to fund the Defense, Veterans Affairs and Homeland Security departments, they kicked nine other appropriations bills to this year. Democrats will wrap those proposals into one omnibus bill, which the House will take up Wednesday. The Senate will follow shortly afterwards.
The size of the package is notable: $410 billion to fund a huge chunk of the of the government through September — including most federal health, education, energy, commerce and agriculture programs.
Remember, pre-bailouts, when that sounded like real money?
Dexter Cooke
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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide.
He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina.
Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations.
As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all.
Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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