Posted on 11/17/2006 1:50:24 PM PST by Reagan is King
Federal spending in fiscal year 2006 increased by a whopping 9 percent — the largest rise since 1990 — and has risen more than 40 percent since President Bush took office.
The most recent rise far outpaces inflation — the Consumer Price Index is up only 1.3 percent in the past 12 months.
"The greatest scandal in Washington, D.C., is runaway federal spending,” Rep. Mike Pence, R-Ind., said after the midterm elections.
In recent years, he points out, the GOP majority "voted to expand the federal government’s role in education, [added new] entitlements, and pursued spending policies that created deficits and national debt.”
The Republicans’ defeat in the elections shows that the outgoing GOP Congress’ attempts "to buy our votes” failed, according to Ed Feulner, president of the Heritage Foundation.
(Excerpt) Read more at newsmax.com ...
Uh, wasn't Reagan a tax-cutter and big deficit spender, too?
"The greatest scandal in Washington, D.C., is runaway federal spending,” Rep. Mike Pence, R-Ind., said after the midterm elections.
That is the 2nd greatest scandal (imo).
The Greatest Scandal is that the House under Speaker Hastert demanded protection for Congressman William Jefferson, dem. La.!
The Speaker insisted the House is Above the Law!
I,m surpriesd it's so low.
Well, he made an agreement that taxes would be cut and spending cut. However, he cut taxes and Congress kept spending anyway.
IMO Mike Pence not getting the Republican leadership spot in the house is a scandal as well.
I voted R as always but I believe this is one BIG reason those on our side sat this one out.
Vote Constitution Party
Wonder how much it would be up if you take out the war, and costs directly related to Katrina and 9/11?
The media will always cover for the 'Rats and smear the Pubbies -- we certainly didn't need one of our guys to join the whitewash of 'Rat corruption.
Throw the bums out. Oh, wait a minute, we did.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Wonder how much it would be up if you take out the war, and costs directly related to Katrina and 9/11?"
Shhhh! You are going to ruin a good Bush-bashing thread.
Also, Florida had a big hurricane year and there was a huge tsunami we pretty much footed the bill for.
Yes, but they will raise taxes commensurate with that outrageous level of spending. They call it 'fiscal responsibility'.
Wait until our kids get the bill for the 'free prescriptions' entitlement. Euthanasia for the elderly will catch on here faster than it has in Europe.
disgrace - an absolute disgrace. no wonder a majority of americans think the gop is the party of big government.
I don't
That's why I and a lot of other Libertarians sat this election out. Blame us if you want but I believe our electors should earn their vote, not just say "I'm not the other guy"
Reagan talked the dims into his tax cuts because the country was going under and they were willing to try anything. The cuts worked,the ecomomy rebounded, and tax revenue went through the roof. However the dims didn,t stick to their deal started spending even more. I wonder now why reagan didn't just veto the budget like Clinton did. He supposedly said they could just choke on their red ink which they did in '94. Who would of thought the repubs would choke on their own red ink in '06?
Well, he made an agreement that taxes would be cut and spending cut. However, he cut taxes and Congress kept spending anyway.
But that's what the veto is for...something that, unfortunately, doesn't seem to be in President Bush's repertoire, either...
"The fiscal shift in the Reagan years was staggering. In January 1981, when Reagan declared the federal budget to be "out of control," the deficit had reached almost $74 billion, the federal debt $930 billion. Within two years, the deficit was $208 billion. The debt by 1988 totaled $2.6 trillion. In those eight years, the United States moved from being the world's largest international creditor to the largest debtor nation."
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