Fiscal Conservatism???
May 9th, 2006 | by Paul Merda |Looks like the GOP is once again going to raise the Debt Ceiling while at the same time extending tax cuts. When Dear Leader took (I mean took) office the Debt Ceiling was at $5.95 trillion, but if Congress gets their way the new Debt Ceiling will be close to $10 trillion which has been raised 4 times since 2002. All this while the GOP plans to extend tax-cuts that will cost the Treasury close to $70 billion over five years. What ever happened to the Balanced Budget Amendment I heard so much about back in 1994? Where are the Fiscal Conservatives at? They sure aren’t in the GOP…
2 Responses to “Fiscal Conservatism???”
By windspike on May 9, 2006 | Reply
Did you see the NYTimes editorial today? I enjoyed this <a href=”http://www.nytimes.com/2006/05/09/opinion/09tue3.html?th&emc=th”>last paragraph</a> in one of today’s NYtimes editorials:<blockquote>There was a time that the Republican Party stood for fiscal restraint, but that boat has long since left the dock. Now, as its leaders prepare to inflate the deficit even more, the least they could do is refrain from pretending they care.</blockquote>
By windspike on May 9, 2006 | Reply
whoops…the html didn’t translate well. here’s the link to my post on this.