Both House and Senate Strike a Deal — It’s Bad News For Us All

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The United States has a debt and deficit problem. There’s no doubt about it. Part of it stemmed from 8 years of Obama adding more to the national debt than every other president before him combined. However, to be fair, excessive spending by our government was a problem long before Obama. Democrats will tell you that the government needs more tax revenue. That’s ridiculous. The country needs to cut spending and our elected officials just don’t seem to be interested in doing that.

On Wednesday, lawmakers announced a bipartisan spending “deal”.

Spoiler alert. It’s more of the same when it comes to spending.

From Fox News:

Republican and Democratic Senate leaders announced a budget agreement Wednesday that includes a big boost in spending for the Pentagon and would keep the government running past a looming deadline.

“I am pleased to announce that our bipartisan, bicameral negotiations on defense spending and other priorities have yielded a significant agreement,” Senate Majority Leader Mitch McConnell said in a floor speech.

Senate Democratic Leader Chuck Schumer said, “We have reached a budget deal that neither side loves, but both sides can be proud of.”

Here’s more.

From The Daily Wire:

But although legislators cheer their ability to work together to ink a short-term budget plan without murdering each other in cold blood in the Capitol rotunda, for those who don’t serve in Congress, there’s nothing much to be happy about in the bill.

According to Roll Call, the bill eliminates most spending caps imposed during the sequestration battle years ago, thereby rolling back any remaining restrictions on spending placed on both military and discretionary spending. Instead, the bill grows government spending by a staggering $300 billion over the next two years.

If such an expansion sounds . . . well . . . insane . . . both parties are to thank. In return for an increase of $80 billion per year in defense spending, Republicans agreed to $70 billion per year in increased non-defense spending. The latter includes massive new programs to fight opioid abuse, improve transportation and infrastructure, and additional funding for disaster relief projects already receiving money under emergency funding bills passed over the summer.

There’s even a new panel created (and funded) under the bill to overhaul the budget process itself, presumably to make these dramatic spending increases less public.

GOP Rep. Mo Brooks, one of the few fiscally sane people in Congress, isn’t a fan.

From Fox News:

Brooks echoed his own public comments from earlier in the day, telling Cavuto the bill is a “debt junkie’s wildest dream.”

Cavuto said the bill is a “pox on both houses” of Congress and both parties.

Brooks, who represents Huntsville and Decatur, said the Senate is poised to “embark on an unending stream of trillion-dollar-or-more annual deficits.”

He called it “unfathomable” that Congress wants to “bankrupt a country that took our ancestors centuries to build.”

This still needs to go through the House and be signed by President Trump.

However, it seems unlikely this thing gets stopped.

[Note: This post was written by Andrew Mark Miller]


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