Fiddling While Treasury Burns – by Vasko Kohlmayer | FrontPage Magazine: "The spend junkies who inhabit the United States Congress are once again trying to pull a fast one on the American people. Driven by an overpowering urge to feed their insatiable habit, they are plotting to raise the national debt ceiling by an unprecedented amount. Reports Politico:
“In a bold but risky year-end strategy, Democrats are preparing to raise the federal debt ceiling by as much as $1.8 trillion before New Year’s rather than have to face the issue again prior to the 2010 elections.”
One must question Politico’s choice of terms in describing the strategy as “bold.” Insidious would be a more fitting adjective.
Knowing that the national debt will continue skyrocket, our representatives want to avoid voting for another increase before next year’s elections. Such a vote could possibly make the debt a subject of discussion, which is something they wish to avoid at all costs. Having done their best to spend us into oblivion, their bashfulness is understandable. But judging by their maneuvering, they obviously don’t think their work is done.
The proposed increase should give us pause, because it reveals the extent to which our congressmen plan to waste our money in the months to come. In their own estimation, they will need $1.8 trillion to get them through the period between the end of December and the next election. This amount is $400 billion above the $1.4 trillion deficit that the government posted in fiscal 2009. In other words, Congressional democrats estimate that nearly 30 percent more will be spent in the next 10 months than was expended during the whole of the record-breaking 2009."
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