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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction
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To: Sully- who wrote (79927)5/24/2010 1:18:27 AM
From: Sully-  Read Replies (1) of 90947
 
Congressional Democrats have violated paygo rules by 'nearly $1 trillion'

By: Mark Hemingway
Commentary Staff Writer
05/22/10 1:49 PM EDT

Stephen Moore has an alarming commentary in the Wall Street Journal today about Democrats' willingness to circumvent paygo rules:

<<< Pay-as-you-go, or paygo, rules require that new entitlement spending and new tax cuts must be paid for dollar-for-dollar with entitlement spending cuts or tax increases. As Paul Ryan, the ranking Republican member of the House Budget Committee has noted, the Democrats under Speaker Nancy Pelosi "have violated pay-as-you-go rules by nearly $1 trillion" over the past three years.

And they're not done. In the coming weeks, say Congressional Republicans, we should expect some $300 billion of expenditures that Democrats will declare "emergency spending" and thus do not have to be offset by other spending cuts. The list includes $60 billion for a military supplemental spending bill; $23 billion for education; and $170 billion for jobless and other welfare benefits. All said, the deficit could climb to $1.7 trillion from the current record high $1.4 trillion. "I really can't think of the last time the Democrats paid for anything they want to spend money on," Mr. Ryan grumbles. >>>

Read more at the Washington Examiner: washingtonexaminer.com
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