The Spending Rolls On

Wall Street Journal ^ | 10/27/09 | staff

[Nachum]

The White House disclosed the other day that the fiscal 2009 budget deficit clocked in at $1.4 trillion, amid the usual promises to do something about it. Yet even as budget director Peter Orszag was speaking, House Democrats were moving on a dozen spending bills for fiscal 2010 that total 12.1% in more domestic discretionary increases.

Yes, 12.1%.

Remember, inflation is running close to zero, or 0.8%. The good news, if we can call it that, is that Senate Democrats only want to increase nondefense appropriations by 8% for 2010. Because these funding increases become part of the permanent baseline for future appropriations, the 2010 House budget bills would permanently raise annual outlays for discretionary programs by about $75 billion a year from now until, well, forever.

[Nachum]

The list, ping

[gathersnomoss]

Obama: “Let’s see how fast can we deep six this mo-fo!”

[RC2]

The people of this country should demand that all additional non-military and Medicare spending should be stopped until the government gets their act together. No more spending that goes over the 2009 budget and no over spending the 2009 budget. No more raises for the government employees either. No more increases for anything. No more earmarks, no more pork.....nothing until the budget is balanced and cut by at least 25%.

[griswold3]

Huge Deficits means future tax increases.