Bonus Wanker
December 29th, 2008at 09:13pm Posted by Eli
Senate Minority Leader Mitch McConnell (R-Ky.) voiced skepticism today about the emerging economic stimulus plan, applying a brake to Democratic plans to quickly pass up to $850 billion in spending and tax cuts soon after President-elect Barack Obama’s Jan. 20 inauguration.
“As of right now, Americans are left with more questions than answers about this unprecedented government spending, and I believe the taxpayers deserve to know a lot more about where it will be spent before we consider passing it,” McConnell said in a statement, which will be publicly issued later today.Rant on:
Let me get this straight. A Senator who oversaw one of the largest expansions in government spending in history is now concerned about spending? According to the CBO, total government outlays under Bush and the Republican controlled Congress from 2001 -2006 increased from $1.8 trillion to $2.4 trillion — that’s an increase of 33%. At the same time — again under Republican rule from 2001 to 2006 — the total debt outstanding increased from $5,807,463,412,200.06 at the end of fiscal 2001 to $8,506,973,899,215.23. And now a man who helped to oversee this is complaining about spending? Excuse me?
Funny how so many Republicans were totally on board with giving the financial sector $700 billion with no oversight and no strings attached and giving the Bush administration a blank check for a disastrous war (while slashing taxes on the rich), but when it comes to spending a comparable amount to, say, restart the economy, or a fraction of that amount to save the American auto industry and 3 million jobs, they suddenly rediscover their situational undying commitment to fiscal responsibility.
Entry Filed under: Economy,Politics,Republicans,Wankers
