Rooted in Reason: Nurturing the Seeds of Liberty

Limit Federal Spending? Who Ever Heard of Such a Thing? by grassroothawaii
June 29, 2010, 3:10 pm
Filed under: Uncategorized

By Kyle Shiroma

In an internet newsletter from Congressman Doc Hastings (R-WA), the House Majority Leader (Steny Hoyer, D-MD) has announced that the Democrats will not decide on a budget for the next fiscal year and may raise taxes on the middle class.  This is the first time since 1974 that the House will fail to pass a budget plan.

The failure to set a definite spending limit is just another sign that the federal government is not helping to lead America out of this recession just yet.  By not setting a spending limit for the next fiscal year, Democrats have shown that they are unwilling to put a cap on the spending and implement an attitude of fiscal responsibility that would help to save money, jobs, and ultimately pull America out of the recession it currently faces.  This complete failure to set a budget will lead to a rise in taxes to keep up with their apparent “throw-money-at-a-problem-and-hope-something-good-happens” strategy of legislation.  Since the inception of the financial crisis, the federal government has bailed out numerous businesses in different industries, and what has been the result? A record high federal deficit, with a national unemployment rate of about 9.7% in May of this year.

Excuse me House Democrats, but did you want some higher taxes to go with that?  In the words of Congressman Doc Hastings, “Those proposing tax increases are out of touch with the hard realities facing our middle-class families and small businesses.  Increasing taxes will cost jobs, stall our economy and provide an excuse for this Congress to spend even more.”  Also, higher taxes are exactly what President Obama said he would NOT implement if he was elected President, so if the House does decide to raise taxes in order to finance their spending spree, that would just increase the number of promises broken by Barack Obama.

The failure of the House Democrats to set a clear spending limit for the next fiscal year is a sign that they do not plan on cutting their superfluous spending, which could have the effect of both raising taxes and the unemployment level.  The light at the end of the (economic) tunnel doesn’t seem to be getting any closer as an unrestricted fiscal spending year looms ahead.


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