Monday, March 26, 2018

Congress’s “One Spending Bill to Rule Them All” is a Debt-Fueled Disgrace

The latest federal budget puts the lie once and for all to Republican promises of fiscal restraint.

The “one bill to rule them all,” 2,232-page, gargantuan, swamp-beast omnibus emerged from the smoke-filled bowels of congressional leadership earlier this week and passed both House and Senate mere hours after it was unveiled. The legislation spends $1.3 trillion in taxpayer dollars, busts the budget caps imposed back in 2011, and will lead to trillions of spending each and every year, ad infinitum, with interest payments on the massive federal debt to outpace the cost of the military and the cost of Medicaid in just eight short years. But at least we don’t have to worry about a government shutdown—in 2018, that is.

For nearly two decades now, we’ve watched this charade. Despite Republican promises of fiscal responsibility, they continue to spend like drunken sailors on holiday. That our elected leaders chose to blow this much money without even the pretense of having read the bill is both shocking and disgusting. And yet most of us remain complacent and continue about our daily routines. We barely blink as Congress binges on $1.3 trillion in unpaid-for federal spending. Not that long ago, a bill hammered out in secret caused the House to revolt against then-speaker John Boehner. Yet today’s secretly negotiated package fails to crack even the front page, as we’re treated instead to the minute details of Trump’s alleged affair with a Playboy model. This is our American version of bread and circuses, paid for on credit.

Read the rest here.

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