Monday, April 6, 2009

Banana republic budgeting should shame Obama, Congress

The Washington Examiner has an excellent article on the embarassing process by which the Democrat has eviscerated the budgeting process.

So how did Congress deal with this landmark legislation? The House of Representatives gave opponents exactly 20 minutes to present an alternative, then gaveled the Obama measure to approval. The Senate approved it after considering a handful of amendments. But note that even before the 2010 budget was approved, this Congress had approved spending more than $1.2 trillion, or $24 billion per day. That’s $1 billion every hour since the 111th Congress convened in January. Odds are that not even King Solomon – whose riches dazzled monarchs and tyrants throughout the ancient world – exhausted the fruit of the labor of his subjects and slaves at so breathtaking a pace as this president and this Congress. And they are doing it based on decisions most often made by Democratic leaders behind closed doors, who then run roughshod over the Republican minority. Is this really what Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi meant when they promised during the 2006 campaign “the most open and honest Congress ever”? And was Obama simply lying during the 2008 campaign when he promised a “net spending reduction” in Washington?


I wonder how many are feeling voter's remorse?

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