Friday, March 17, 2006

Spending Like Drunken Sailors

Congress is proving yet again that they are as serious about reigning in federal spending as I am in abstaining from alcohol on St. Patrick's Day. Congress approved a budget yesterday that increased the limit on the federal government's borrowing by $781 billion yesterday. The borrowing limit has increased by more than $3 trillion since Bush took office and is nearly $9 trillion overall. The borrowing limit was raised in part because the budget passed failed to keep discretionary spending under the $873 billion requested by President Bush. I'm beginning to think more and more that the only way federal spending is going to get reigned in is if the Democrats can control either the House, Senate or White House because most Republicans have completely abandoned the idea of fiscal discipline.