Up until now, the largest increase in the debt limit was the $1.9 trillion increase passed by Congress and signed by President Obama on Feb. 12, 2010. That law increased the debt limit from $12.394 trillion to $14.294 trillion.The bill hasn't even passed the Senate yet, but that doesn't stop the Federal Government from more give-aways. $1.3 million in border development funds available.
Joseph Farah of World Net Daily isn't too happy:
We're back to business as usual in Washington. . . . .
They could have forced deep cuts and possibly even the elimination of worthless and unconstitutional agencies and departments like Education, Agriculture, Commerce, the Environmental Protection Agency and Homeland Security. They could have forced defunding of Planned Parenthood, NPR, PBS, the National Endowment for the Arts and countless foreign wealth transfers. They could have postponed any implementation of Obamacare until it could be dealt with in finality in 2013.
Republican control of one House could have made all that possible with one no vote on raising the debt limit.
Instead, House Republicans chose to trade away that one political nuclear weapon it wielded for a "compromise" plan that calls for massive new unsustainable debt and massive new unsustainable spending. . . .
Yes, but none of these words even comes close to adequately characterizing the betrayal perpetrated by the Republican establishment in Washington over the last few days.At least one local Republican voted against this. Kudos to her for standing up for what is right. Whatever . . .
The era of big government is back with a vengeance – and apparently here to stay.
There are no limits. There are no restraints. There is no accountability. There is no end to red ink as far as the eye can see.