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Democrat Leadership Drops All Pretense of Fiscal Restraint

Posted November 20th, 2008 at 5:50pm in Ongoing Priorities 3 Print This Post Print This Post

With Election Day not yet a month past, the Democrat’s promise of fiscal responsibility has already been ditched. Wednesday, The Hill newspaper reported:

Even the most ardent deficit hawk among House Democratic leaders says the cost of overhauling the nation’s healthcare system will be heaped on top of the snowballing federal debt, at least initially…. “Our objective is going to be [to] have a pay-go-compliant policy over the longer term,” Hoyer said in an appearance at the National Press Club. “That may not be possible in the short term, given where we are.”

This reinforces the rumor that the Democrats may do away with Pay-As-You-Go (PAYGO) budgeting rules for the next Congress. The PAYGO rules attempt to force Congress to make the same budgetary trade-offs that we make every day: If you can’t afford something, don’t buy it.

Before the Democrats took power, they were strong supporters. House Majority Leader Steny Hoyer (D-MD) pronounced in March that,

We’re absolutely committed to pay-go… The Speaker is committed to pay-go. I’m very committed to pay-go. Our caucus is committed to pay-go.

Apparently, the concept of budget trade-offs, which the Democrats were so committed to less than a year ago, no longer applies when their party is about to be in the White House.

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3 Responses to “Democrat Leadership Drops All Pretense of Fiscal Restraint”

  1. Alex, Coral Springs, FL on at said:

    Pay GO???? what is that? LOL! That should be the real responds coming from these corrupt politicians. Now that this obtuse MISINFORMED society has voted in these HYPER CORRUPT politicians. GOD HELP THEM.. I already have my t-shirt ready and it says I TOLD YOU SO with King ObamaZombie in the background. I’m positively sure that the blame on Bush song will be sung for many years to come. But of the course the ULTRA HYPER CORRUPT PRESS will never report the ENTIRE truth because this is not a society of thinkers only sheep or in this past elections’ case, ZOMBIES.

  2. Conservativechic, Indiana on at said:

    As hounded as Republicans were this fall over the spending of the past eight years, the Democrats may still manage to make conservative spending look, well – conservative.

    How the liberal illuminati’s favored poster boy is supposed to keep taxes down, health care services and social services up, and maintain national security is beyond me – and most critical thinkers. It reminds me of one blogger’s tongue in cheek quest to claim Obama’s promise of a unicorn.

  3. John Ca on at said:

    We need to pray for our people in government to know that they will do right with all people, all
    over the world;and work towards peace for all.

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