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Congress violates its "Pay-Go" rule by nearly $1 Trillion
Since BP’s “Top Kill” method seems to have worked to stop the gushing of oil into the Gulf, perhaps it’s time to start pumping mud and cement into Congress.
On February 4, 2010, pushing for passage of her pay-as-you-go (PAYGO) legislation, House Speaker Nancy Pelosi (D-CA) said on the House floor: “When I became Speaker of the House, the very first day we passed legislation that made PAYGO the rule of the House. Today we will make it the law of the land. … So the time is long overdue for this to be taken for granted. The federal government will pay as it goes.” That was the promise. But here is the reality: in the three years that Speaker Pelosi has enforced her PAYGO rule, the House has violated it by nearly $1 trillion.And now with the U.S. Debt Clock officially passing the $13 trillion milestone Wednesday, the House is set to violate their own PAYGO law yet again, this time to the tune of around $150 billion. The legislation clocks-in at almost one-fifth the size of President Barack Obama’s original $862 billion failed economic stimulus, and the leftist majority in Congress has titled it “The American Jobs and Closing Tax Loopholes Act.” And it is a tax-hiking, spending-exploding, job-killing, deficit-hiking wonder.
Read the entire article, there’s MUCH more about Congress’ spend-apalooza, and all of it is well-documented.
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UPDATE: "TOP KILL" CONGRESS t-shirts now available.
Plug The Damn Congress t-shirts also available.
Posted by FullMetalPatriot
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
I agree.
[...] system where the state, usually under the control of a single political person, faction, or class, recognizes no limits to its authority and strives to regulate every aspect of public and private life wherever [...]