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Election fallout - predictions?
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[QUOTE]Originally posted by rresor: [QB] To return to the subject of the election: it's hard to say what might happen. There is talk of reducing spending to the 2008 level across the board, which would mean about a 22% cut in discretionary programs. There is also talk of a 5% across the board reduction. Remember, all tax and spending bills must originate in the House, and the Federal executive cannot spend money without Congressional approval. We could potentially end up with another round of government shutdowns if Obama and the Congress get into a shoving match. All that having been said, I concur with the earlier comments. I have frequently pointed out (here and in other forums) that the only large cuts to Amtrak service occurred with a Democrat in the White House (1980 and 1995). Amtrak, by itself, isn't really big enough to matter too much in the "budget wars". However, the HSR spending is. [/QB][/QUOTE]
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