Unbelievable.
Congress has once again shown us just what a bunch of fiscal morons they are:
Congress raised the limit on the federal government's borrowing by $781 billion yesterday, and then lawmakers voted to spend well over $100 billion on the war in Iraq, hurricane relief, education, health care, transportation and heating assistance for the poor without making offsetting budget cuts.
Senate Finance Committee Chairman Charles E. Grassley (R-Iowa) acknowledged that the debt has risen at a remarkable pace but said he and his colleagues had no alternative. "Without an increase in the debt limit, our government will face a choice that we shouldn't make and we wouldn't want to make, a choice between breaking the law by exceeding the statutory debt limit or, on the other hand, breaking faith with the public by defaulting on our debt."1
I thought there was a third option, you know, blance the @#$@*&@#&*)(!! budget? I know. I know. God forbid someone should have to do without pork for a while. Idiots.
This should be a wake-up call for every member of the Senate, every member of Congress, and a wake-up call for the president of the United States," said Sen. Kent Conrad (N.D.), the ranking Democrat on the Senate Budget Committee. "The question is: Are we staying on this course to keep running up the debt, debt on top of debt, increasingly financed by foreigners, or are we going to change course?"1
A wake up call? Are you saying you're all snoozing on the job? Are you all really so dense that you didn't see this coming?
God help us all. We have a bunch of toddlers running the government. I can just see Don Young sitting on a big pile of cash shouting "Mine! Mine!" The really sad thing is: we put them there.