The Budget

The House passes a budget bill and our President threatens to veto it.

President Obama has vowed to veto the House bill, which seeks to cut at $61 billion in federal spending for this year.

Last years Congress couldn't even go to the trouble of passing a budget, so the government is running on continuing resolutions.

Perhaps it's time to look at this graphic. It lays out the problem better than any I've seen in a long time.

If we use the internet wayback machine, we learn that the Democrats decried President Bush's 2007 budget as "debt and deception".

Senate Budget Committee Chairman Kent Conrad said Bush's budget was ``filled with debt and deception.'' House Speaker Nancy Pelosi said it would ``mortgage our children's future to the president's misguided policies in Iraq.''

President Bush's budget that year was 2.7 trillion.