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Tuesday, May 09, 2006

Crimes at Midnight

The lying, thieving Rethuglican horde in Congress seemingly cannot stop itself from spending the future of America and it's children in continual orgasms of irresponsibility. 'Fiscal conservatives'? Hah! Unmasked years ago as a cabal of phonies, they continue their cannibalistic efforts to destroy government services by saddling the nation with unmanageable debt. There is a remedy – vote Democrat this coming November.

A $2.7 trillion budget plan pending before the House would raise the federal debt ceiling to nearly $10 trillion, less than two months after Congress last raised the federal government’s borrowing limit.

The provision — buried on page 121 of the 151-page budget blueprint — serves as a backdrop to congressional action this week. House leaders hope to try once again to pass a budget plan for fiscal 2007…. But the federal debt keeps climbing because of continued deficit spending and the government’s insatiable borrowing from the Social Security trust fund.

With passage of the budget, the House will have raised the federal borrowing limit by an additional $653 billion, to $9.62 trillion. It would be the fifth debt-ceiling increase in recent years, after boosts of $450 billion in 2002, a record $984 billion in 2003, $800 billion in 2004 and $653 billion in March.

When Bush took office, the statutory borrowing limit stood at $5.95 trillion.

This is what happens when a dope is 'elected' President.

Posted on The Human Stain

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