BankruptingAmerica — May 27, 2010 — Receive videos and ecards on economic policy. Subscribe at http://www.bankruptingamerica.org
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With all of the attention on the BP oil spill, the European debt crisis and even financial regulatory reform, the fact that Congress hasn't passed (and will likely not pass) a federal budget for fiscal year 2011 is flying under the radar.
To quote the words of the House Majority Leader, "The most basic responsibility of governing -- enacting a budget."
So what has Congress been so busy doing that they can't find the time to pass a budget? Watch the 2:10-minute video and find out....
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