Congress, White House Out of Control

[Travis]

http://www.examiner.com/examiner/x-2684-Law-Enforcement-Examiner~y2009m12d11-Congress-White-House-stealth-legislation-out-of-control-and-corrupt



Congress, White House stealth legislation out of control and corrupt

December 11, 4:24 PM[image: http://image.examiner.com/img/greydot.gif]Law
Enforcement 
Examiner<http://www.examiner.com/x-2684-Law-Enforcement-Examiner>[image:
http://image.examiner.com/img/greydot.gif]Jim Kouri

Democratic  Majority Leader Steny Hoyer (D-MD) told reporters on Friday that
the US Congress will need to condone at least $1.8 trillion in additional
federal borrowing in 2010 if the government does not want to default on the
dangerously high U.S. debt.

Rep. Hoyer claims that raising the U.S. debt limit would have to be in the
$1.8 to $1.9 trillion range. Such an increase would permit the federal
government to borrow sufficient funds in order to keep Washington,
DC running through December 2010.

Democrat lawmakers are attempting to pass a stealth increase in the $12.1
trillion cap on borrowing before the end of the year and are trying to
sneak through an increase large enough so that they won't have to vote again
on the issue before next year's midterm elections. Their bill -- opposed by
conservatives fortunate to find out about it -- would permit a total federal
debt of about $14 trillion at a time when President Obama is promising to
reduce the debt and deficit during his administration.

In fact, the President -- and Democrats in general -- claims that the
gargantuan health care package will decrease the deficit, although
conservatives have yet to see evidence of such a reduction.

"This Democrat Party-run federal government is out of control and while
talking like fiscal conservatives they are heading this country into
bankruptsy," claims political strategist Mike Baker.

To placate the party's moderate-wing, the so-called "Blue Dog" Democrats,
for the unpopular debt limit, Hoyer promised to attach to the debt limit
increase a "pay-as-you-go" law that will make certain new tax cuts or new
government spending won't increase the deficit.

The Democrats' debt limit measure may be part of a $626 billion measure
funding the Pentagon budget. Conservatives believe the reason for that is to
quell complaints since most conservatives support defense and national
security spending over entitlement programs that cost much more than
maintaining a strong military.

"Spend and spend again policies do not work and result in only larger
deficits for future generations to pay.  At a time when the federal deficit
has reached more than $1.4 trillion in Fiscal Year 2009 (the highest amount
ever by three times) and after two months is on pace to reach even higher in
2010, it is disheartening to see the lack of immediacy of addressing the
problem," states Rep. Pete Hoekstra (R-MI).

Meanwhile, the House passed a far-reaching revision of banking and financial
regulations that would give government more control over Wall Street and
revamp the agencies overseeing the nation's banking system. The vote was
223-202, with Democrats for the measure and Republicans opposed to it.

This legislation has been a priority of President Barack Obama's and gives
him and his minions additional power to break up big, risky companies at his
discretion and help create a consumer agency to police money lenders.

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