Saturday, April 4, 2009

Budget Gimmicks (Cont'd) - washingtonpost.com

The House and Senate pile on the chicanery to mask the growing debt.

Sunday, April 5, 2009; Page A18

THE HOUSE and Senate passed their budget plans for the upcoming fiscal year last week, though details will still have to be worked out in conference. Not surprisingly, given the Democrats' monopoly and President Obama's popularity, his major policies were accepted; both resolutions call for expanding health care, increasing education funding and implementing a new cap-and-trade regime to limit greenhouse gas emissions. They would also make the bulk of the Bush tax cuts permanent, except for those that hit families making more than $250,000 a year. Also similar: hand-wringing about the growth in national debt, even as all three budgets pump up that debt by trillions over the next decade -- and beyond.....

Budget Gimmicks (Cont'd) - washingtonpost.com

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