Congress returns for no reason

Congress will return next week the humbled and embattled Democrats will more than likely lay down. They have choice of trying to show they have the economic answers or fearing showing more incompetence that will only fuel the fire of voters over more new government programs. The question is will congress spend the next four weeks of writing and trying to pass bills before leaving town ahead of the Nov. 2 election. There are few things already up in the air the Bush tax cuts expire at the end of the year, annual spending bills, let us not forget the President Obama new plan to stimulate the economy through tax credits, breaks for business investment and public works projects. We are betting none of that moves. It will be easier to wait for a lame duck session in December. We think they will spend the next month hammering out the middle-class tax cuts. Continuing those tax cuts would add $3.1 trillion to the national debt over the next decade. Congress stuck in malaise has not sent the president any of the twelve annual spending bills it must consider to pay for government programs when the new budget year starts on Oct. one. Congress instead will have to vote to keep agencies funded at current levels to avoid a shutdown. Defense programs for 2011 have not been authorized and there will be no movement on the campaign spending bill.

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