The only ones feeling doubt are those that believed it in the first place

by Prometheus 6
April 16, 2005 - 6:01pm.
on Economics | Politics

Congress's Willingness To Tackle Deficit in Doubt
By Jonathan Weisman
Washington Post Staff Writer
Saturday, April 16, 2005; Page A06

In the same week that the House voted to permanently repeal the estate tax, 44 House Republicans broke with their leaders to demand that as much as $20 billion in Medicaid savings be stricken from the budget.

The twin moves raise new questions about Congress's willingness to tackle the budget deficit. And they came just as the World Bank and the International Monetary Fund are to convene their annual meetings this weekend. The Bush administration was to use the meetings to tell the world's finance ministers and central bankers that Washington is serious about its red ink.