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re: Republican Fiscal Policy
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08/03/06 02:12 PM ET
It is completely irresponsible, it is reckless. This place is increasingly detached from reality. My Republican friends that used to be fiscally responsible have now turned their history on its head.
Every day they increase spending. They just added billions of dollars to this defense bill, and then they cut the revenue, cut the revenue, cut the revenue. They just keep digging the hole deeper and deeper and stacking up more and more debt.
Where this ends, we all know: Higher interest rates and America in a weakened financial position.
If this isn’t reigned in, the next thing they are going to do is to propose shredding Social Security and Medicare. It is very clear that’s where this is all headed because it is the only way to balance the books after everything they have done.
Every day they increase spending. They just added billions of dollars to this defense bill, and then they cut the revenue, cut the revenue, cut the revenue. They just keep digging the hole deeper and deeper and stacking up more and more debt.
Where this ends, we all know: Higher interest rates and America in a weakened financial position.
If this isn’t reigned in, the next thing they are going to do is to propose shredding Social Security and Medicare. It is very clear that’s where this is all headed because it is the only way to balance the books after everything they have done.
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