Democrats Avoiding Spending Fights
Kathleen Hunter: House Democrats, staring down challenging midterm elections and a GOP opposition eager for opportunities to decry wasteful Washington spending, have yet to lay out a plan for moving the annual spending bills through the chamber. . . . . READ MORE >>>>
Most Americans do not know that the 111th Congress, the Pelosi/Obama Congress, has no intentions of passing a 2010-2011 fiscal budget. They have spent so much money -- our estimate is nearly 9 trillion dollars -- without any concrete results, that they are hoping by not having a "budget fight," the voting public will not notice their gross irresponsibility in this regard.
Midknight Review is not sure why this is a current headline. Last December, the Dems finalized their spending plans for fiscal 2010-2011 as reported by CBS News:
Understand that the Federal "fiscal year" always runs from October 1 thru September 30. Rather than actually passing a budget which quantifies spending categories and sets limits on expenditures, This bunch of financial losers has decided to pass an "appropriations bill." The difference? In the case of an agreed upon budget, when Congress overspends, there is [often] a very public fight in which the voters become aware of budgetary "mismanagement" on a particular issue. With an appropriations bill, well, it is not a "budget bill." There is no "over spending" an appropriations bill. When Congress comes to the end of the particular appropriation(s), they simply fashion another bill for a different sum, create a reason for the increased spending and away we go.
The actual fiscal budget for 2010 is/was expected to be somewhere between $1.6 and $2.0 trillion - the largest in history and the second consecutive record setting budget deficit for Mr. Transparency, Barack Obama. The Dems see no advantage in presenting such a budget so they have decided to forgo the publicity and simply make up their "budget" as they proceed through the fiscal year.
This is the first time in modern history that Congress has decided to actually forgo a budget. What is even more ridiculous than this, is the fact that the Democrats intend to run against George Bush in the 2010 midterms and the presidential election of 2012.
And Obama is a genius when it comes to campaign strategy ???!! --- jds.
.
No comments:
Post a Comment