“The Democratically controlled Congress yesterday easily approved a $3.4 trillion spending plan, setting the stage for President Obama to pursue the first major overhaul of the nation’s health-care system in a generation along with other far-reaching domestic initiatives. Despite a persistent recession and soaring budget deficits, Democrats overwhelmingly endorsed the president’s request for hundreds of billions of dollars in new spending over the next decade for college loans, early childhood education programs, veterans’ benefits and investments in renewable energy aimed at reducing the nation’s dependence on foreign oil.” (Washington Post, Thursday)
The mind boggles.
FEE Timely Classic
“Spending Limits Are Not Enough” by John Semmens