Taxpayers slapped in the face three times in one day
Taxpayers were got slapped in the face three times yesterday by President Barack Obama and the Democrat-controlled Congress.
The first was the president signing a bloated $1.1 trillion spending bill, which passed Congress over the weekend:
President Barack Obama has signed into law a $1.1 trillion bill that increases the budgets in many areas of the government by about 10 percent, including health, law enforcement and veterans’ programs.
Obama signed the bill privately at the White House on Wednesday after receiving the bill from Congress on Sunday.
The bill lumps together six of the 12 annual appropriations bills for the 2010 budget year that began Oct. 1.
The second was the expected increase in the debt ceiling by $290 billion, which passed 218 to 214, punting another, much larger increase to next year:
The House on Wednesday narrowly passed a $290 billion increase to the amount of debt the Treasury is allowed to have. Currently, the debt ceiling is set at $12.104 trillion, and if the Senate passes the House-approved increase, it would rise to $12.394 trillion.
The increase would cover Treasury’s borrowing needs through Feb. 11, 2010. That is a far cry from the $1.9 trillion increase that lawmakers last week said they wanted to pass.
Lastly, the House approved a $150+ billion spending bill by a vote of 217 to 212, falsely called a “jobs” bill, that doles out billions in pork and bailouts for federal and state agencies:
With America’s unemployment rate in double digits, the US House on Wednesday narrowly passed a $154 billion jobs bill. The vote was 217 to 212.
The package is not expected to be taken up by the Senate until early next year. But if the legislation is ultimately passed into law, it may produce funding for worker training in high-growth or emerging industries. It could also provide money for municipalities to hire more police and firefighters, and it could create a host of other programs designed to put Americans back to work.
Billions would probably go toward highway construction and mass transit. The House legislation calls for $500 million for airport construction and $800 million for Amtrak.
While the financial obligations of our country continue to mount, Democrats are still spending billions on phony stimulus bills and increasing spending by dramatic amounts that will likely make Obama’s successor blush because he wasn’t ambitious enough. The worst part is there is no end to this madness in sight.

United Liberty









Post new comment