Forum Discussion

On days of Republican leaders lives..."We can not spell fiscal" (May 9, 2006 1:02 PM)
Posted by: Good Will
I while a go I mentioned that Republicans leaders would not know a balanced budget and fiscal responsibility if it hit them in the ..., er....face. Some argued with this. (http://conservativecartoons.com/forum/message.php?id=1039)
But it seem that it continues to hold true:

--snip--
A $2.7 trillion budget plan pending before the House would raise the federal debt ceiling to nearly $10 trillion, less than two months after Congress last raised the federal government's borrowing limit.
The provision -- buried on page 121 of the 151-page budget blueprint -- serves as a backdrop to congressional action this week. House leaders hope to try once again to pass a budget plan for fiscal 2007, a month after a revolt by House Republican moderates and Appropriations Committee members forced leaders to pull the plan.
--snip--
http://www.washingtonpost.com/wp-dyn/content/article/2006/05/08/AR2006050801425.html

If you are thinking this is fluke that somehow snuck in there, for no good reason, let look at why it might be there:

2003 - 2005: Increased discretionary spending from $649 billion to $967 billion - a 48% increase.
http://www.cbo.gov/budget/historical.pdf

Of course, since money does not grow on trees it has to come from somewhere. Hmmm....coudl it be that it is from borrowing?
Letsee....
Total outstanding debt was $5.8 trillion in 2001. Now it is over 8 trillion dollars - a 37% increase.
http://www.publicdebt.treas.gov/opd/opdhisto4.htm

So which part of this exactly is fiscally responsible? And how does this spell small government. if I run my household like this I'd soon be out living on the street.
Though I bet NeoCons would try hard to find me a nice cell in their future concentration camps. (You could call it a snarky comment had Bush not detained Padilla without charges)

And in the end, let me dare mention that Clinton has in fact balanced the budget.

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