Saturday, December 12, 2009

More debt

Democrats plan to allow the government's debt to swell by nearly $2 trillion as part of a bill next week to pay for wars in Afghanistan and Iraq. The amount pretty much equals the total of a year-end spending spree by lawmakers and is big enough to ensure that Congress doesn't have to vote again on going further into debt until after the 2010 elections.

. . . That eye-popping figure is making Democrats woozy but is what is needed to make sure they don't have to vote again before next year's midterm elections.

. . . Democratic leaders say they will try to raise the ceiling to nearly $14 trillion as part of a $626 billion bill next week to pay for the wars in Afghanistan and Iraq and other military programs in 2010.

http://news.yahoo.com/s/ap/20091211/ap_on_bi_ge/us_congress_debt_limit

First of all, Congress doesn't "pay for" things when it borrows more money to fund its operations. That's called charging things, not paying for things.

Secondly, Congress shouldn't go deeper in debt, and spend money like crazy this year, in order to avoid making hard choices next year during an election cycle. That's cynical, irresponsible and, frankly, a violation of their oath of office.

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