http://www.nytimes.com/2011/01/05/us/politics/05rules.html
Barely seated and the big-deficit, credit-card Republicans are at it again with their economic policy of, rather than tax-and-spend, borrow-and-spend. Referring to the new House rule that caps spending by requiring spending-cut offsets for any new expenses legislated. Great! Except there’s an exception for the health care repeal bill that they want to pass, which will create billion$ of new spending by killing the deficit-REDUCING healthcare reform act.
So the new Republican contract with America: no more borrow-and-spend! — except for really expensive things. Or anything we really want. Or anything we can’t pay for because it’s such stupid economic policy. Hey, maybe we can re-deregulate financial markets so that we can have another round of speculation and economic collapse! Hell, the Great Recession, that was what — two years ago? Four? Who remembers that far back?
