Captain Corruption\'s Commentary

Tuesday, October 04, 2005

Ten year old contract dispute continues

Hey, Terry M. Neal of the Washington Post reminds us that the great G.O.P. is now ten years old. So what has become of the contract who's number one plank was "The Fiscal Responsibility Act: A balanced budget/tax limitation amendment and a legislative line-item veto to restore fiscal responsibility to an out-of-control , requiring them to live under the same budget constraints as families and businesses"?

Well, according to Mr. Neal's column:

"Under , spending has leapt 33 percent in four years," said Brian Riedl, a federal budget analyst for the Heritage Foundation and co-author of its new report on federal spending and revenue. "On an annualized basis, spending has grown twice as fast under as it did under ."

Almost reflexively, the president's supporters give him a pass. The growth in spending is all because of the 9/11 terror attacks, they say. But the Heritage Foundation says not so.

" and are not responsible for most of the spending increases," Riedl said. "Instead, we had the largest education bill in history, the largest farm bill in history, and in , the largest expansion of the great society ever. Furthermore, the number of projects has increased from 4,000 to 14,000 per year. That alone has been the cause for a lot of the increased spending."

...All of this raises a serious question: Is it conservative to cut taxes but not rein in spending? Does it fulfill the promise of 1994's Revolution Republicans to run up massive debts that will have to be paid off by future generations? Can a politician claim to be a fiscal conservative if he or she only pays attention to one side of the fiscal equation?

"Wait wait wait, you guys are taking the word contract out of context here. What we meant was campaign promise... and by promise what we really meant was more of a guideline really, kind of sorta an ideal we might think about getting around to considering. Thanks for your votes though." - the .


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