Tuesday, November 15, 2005

Federal Budget

Dr. No rips the Republicans in Too Little Too Late.

Remember, this is a Congress that has increased spending by 33% since President Bush took office in 2001. And we're not talking about national defense or anti-terrorism spending. We're talking about a one-third increase in garden variety domestic spending. This is also a Congress that passed the 2003 Medicare prescription drug bill, the single largest increase in entitlement spending since the Great Society programs of the 1960s. So there's not much credibility to be found on Capitol Hill when it comes to reducing the federal budget.

The spending culture in Washington creates an attitude that government can solve every problem both at home and abroad simply by funding another program. But we've reached a tipping point, with $8 trillion in debt and looming Social Security and Medicare crises. Government spending has become a national security issue, because unless Congress stops the bleeding the resulting economic downturn will cause us more harm than any terrorist group could ever hope to cause. And we're doing it to ourselves, from within.

0 Comments:

Post a Comment

<< Home