Republican Congress Tries to Sneak in New Raise in Debt Ceiling

[BurtWorm]

Praying no one notices that these profligates make Kennedy Democrats look like tightwads.


http://www.washingtonpost.com/wp-dyn/content/article/2006/05/08/AR2006050801425.html


Another Possible Bump to the Debt Ceiling

By Jonathan Weisman and Shailagh Murray
Tuesday, May 9, 2006; Page A21

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, a month after a revolt by House Republican moderates and Appropriations Committee members forced leaders to pull the plan.

Leaders also hope to pass a package of tax-cut extensions that would cost the Treasury $70 billion over the next five years. They would then turn Thursday to a $513 billion defense policy bill that would block President Bush's request to raise health-care fees and co-payments for service members and their families.

In recent days, Congress has received some good news on the budget front. A surge of tax revenues this spring, sparked by economic growth, prompted the Congressional Budget Office last Thursday to revise its 2006 deficit forecast from around $370 billion to as low as $300 billion.

But the federal debt keeps climbing because of continued deficit spending and the government's insatiable borrowing from the Social Security trust fund.

....


<More horrors await you at the link>

[Selatius]

1. Stop raiding the Social Security fund, you fucking morons!

Jesus H. Christ, are these guys on crack?

[Tierra_y_Libertad]

2. $10 trillion here, $10 trillion there... Who needs SS?

Just a buncha old people who're gonna die anyway. Besides, the generals need new toys from the "Defense" industry they'll be working for after they retire.

[gratuitous]

3. A "bump"? A fucking "BUMP"?!

Six hundred fifty two billion dollars. They're calling $652 billion dollars a "bump" in the debt ceiling.

$652,000,000,000

A fucking "bump" to the debt limit.

I'm having a great deal of difficulty in wrapping my mind around this: Not the increase in the debt limit by $652 billion, but characterizing that as a "bump."

Fuck me runnin'.

[Toots]

6. Gotta cover that hundred a fifty million in food they are sending to Darfu

Six billion for Presidents new helicopter but only one hundred and fifty million for food for thousands upon thousands of starving people..How very Christian of them...

[DearAbby]

4. They keep cutting taxes on the rich

and raising the federal debt ceiling...just who in the hell do they expect to pay for it? It is absurd...no OBSCENE they keep raising the ceiling on the debt with no way to pay for it, they are placing our children and grandchildren into servitude!

GAWD DAMN IT...when is enough, enough?

[lapfog_1]

5. The plan is just SOOO evil

cut taxes and raise spending till the government can't afford the "new deal" programs and it's so far in debt that they "can't be fixed". Then tearfully tell the old folks and rest of us "We can't afford such large government programs and there isn't any way to fix them so they HAVE to be scrapped... sorry". The new deal and all of the progressive programs instituted since the great depression are wiped away so that government can "live within it's means".

Just the opposite (but more evil) of the original plan to "shrink government till it's so small that we can drown it in a bathtub".

And it's much more risky... but then the evil rich bastards (at least those that paid attention) did fine during the great depression, so I'm guessing another one doesn't bother them.