Congress will not pass a budget this year
Too busy spending your children’s future into the toilet, congress will not get around to putting together a budget this year. Without a budget, they are free to spend even more without limits. (story here from Heritage.org)
Yesterday, House Majority Leader Steny Hoyer (D-MD) announced that, for the first time since 1974, the House will not pass a budget resolution this year. Since the Budget Act of 1974, Congress has been unable to conference a budget resolution only four times: in 1998, 2002, 2004, and 2006. But in every one of these years, the House fulfilled its obligation to American taxpayers to create a budget. This year, however, this will not be the case.
Without a House budget, no final and binding budget can be enacted. As the House Rules Committee website explains, “The budget resolution provides Congress with the opportunity to lay out its spending, revenue, borrowing and economic goals and serves as the vehicle for imposing internal budget discipline through established enforcement mechanisms.” No budget means no caps on discretionary spending, and makes it severely unlikely that the Bush tax cuts will be extended, raising taxes on low- and middle-income families in the midst of a recession.
Most importantly, though, the failure to pass a budget this year makes lawmakers’ priorities crystal clear: they’ve simply been too busy increasing spending to actually think about controlling it. 63 percent of Americans believe Obamacare will add to the federal deficit. At the beginning of this year, Congress increased the debt ceiling to $14.3 trillion to accommodate more spending. And the budget proposed by President Obama promises to create record deficits in years to come.
Nice. For a real time look at our fiscal situation, take a look at the National Debt Clock. Bookmark it and remember this in November when every stinking one of these bastards is up for re-election.