Proving once again that Republicans are not the party of fiscal responsibility, Congress has, for the fourth time under President Bush, raised the dept cap
WASHINGTON — The Senate voted Thursday to allow the national debt to swell to nearly $9 trillion, preventing a first-ever default on U.S. Treasury notes.
The bill passed by a 52-48 vote. The increase to $9 trillion represents about $30,000 for every man, woman and child in the United States. The bill now goes to President Bush for his signature.
The measure allows the government to pay for the war in Iraq and finance Medicare and other big federal programs without raising taxes. It passed hours before the House was expected to approve another $91 billion to fund the war in Iraq and provide more aid to hurricane victims.
I understand that this needed to happen, but it just shows that President Bush and the current string of Republicans cannot be trusted as fiscal conservatives. Poor planning and more pork than a farm have shown that the current administration is the least conservative ever. I wonder how Republicans can allow this and still claim to be conservative.
And Republicans wonder why they are losing so much support in this country.Tags:Republican debt conservative Congress Fiscal Responsiblity Republicans conservatives Bush