Thank goodness I found this video. It’s priceless and jaw-dropping:
Steny Hoyer complaining about the Republicans huge budget and too much spending. In 2006. There is still no budget from Congress this year which is mandated by April 15. And we all know why. The Dems think we are stupid enough to not know that they have spent out of control and don’t want us to know about it.
The same above hypocrite laments again in 2007:
House Republicans are now on the cusp of failing to meet the most basic responsibility of governing: enacting a budget. —Steny Hoyer
May I remind Rep. Hoyer Obama has tripled the deficit since he’s been in office.
And in April of this year Hoyer gave somber warnings to a group of students at the University of Maryland about the dangers of spending too much:
“This means more to you than it does to me. It means a lot to me. But to you, it is crushing your generation with debt,” Hoyer said.
“It isn’t possible to debate and pass a realistic, long-term budget until we’ve considered the bipartisan commission’s deficit-reduction plan, which is expected in December.”
I’ve checked the non-partisan member list of the Debt Commission. Here it is:
- Sen. Alan Simpson. Former Republican Senator from Wyoming.
- Erskine Bowles, Chief of Staff to President Clinton.
- Bruce Reed, Chief Domestic Policy Adviser to President Clinton.
- Sen. Max Baucus (D-MT)
- Rep. Xavier Becerra (D-CA 31)
- Rep. Dave Camp (R-MI 4)
- Sen. Tom Coburn (R-OK)
- Sen. Kent Conrad (D-ND)
- David Cote, Chairman and CEO, Honeywell International
- Sen. Mike Crapo (R-ID
- Sen. Richard Durbin (D-IL)
- Ann Fudge, Former CEO, Young & Rubicam Brands
- Sen. Judd Gregg (R-NH)
- Rep. Jeb Hensarling (R-TX 5)
- Alice Rivlin, Senior Fellow, Brookings Institute and former Director, Office of Management & Budget
- Rep. Paul Ryan (R-WI 1)
- Rep. Jan Schakowsky (D-IL 9)
- Rep. John Spratt (D-SC 5)
- Andrew Stern, President, Service Employees International Union
Anyone notice anything strange besides the fact that Stern in on the list? It’s who is not on the list. There are no Nobel-Prize winning economists; no economists; no professors of economics; no leading accounting firms; not even a Certified Public Accountant. No banks, bankers, investment firms, international monetary investors or traders.
The glaring problem with Leader Hoyer’s excuse is that the Commission was never meant to have any effect on the FY 2011 budget process, and no Democrat ever asserted that this year’s budget depended on the Commission’s recommendations. The American people deserve a budget from the House, not a political smokescreen. The Commission was created by a presidential decree and has nothing to do with the Democrats’ responsibility to pass an annual budget. Passing an annual budget is undisputedly the responsibility of Congress and is being shirked by Democrats so they can hide their big spending, big deficit agenda from taxpayers until after the election.
If you want to knock yourself out, here is a 36 page pdf file on how the deficit reached the insane figure of $1.4 trillion of GDP. Yep. They are probably going to say “GWB made me vote for all the crapola spending.”
The monthly treasury statement from January 1-May31 of this year tells us the US has racked up an incredible $935 billion in deficit spending.
What Does This Mean for American Taxpayers and Struggling Families? Failing to produce a budget signals instability to investors and businesses and costs Americans jobs. It means that record spending will continue to skyrocket unchecked as Democrats use future generations as collateral to borrow from China. In addition, countries with too much debt lose credibility on the international stage and extreme borrowing on the part of nations is a direct threat to their national security.
In this blogger’s opinion, the Democrats failure to pass a budget is an appalling dereliction of duty.
Amount of national debt as/of the writing of this post.