Budget: Senate Democrats this week decided that, after digging the nation $5 trillion deeper in debt, producing a budget plan to get us out would be just too darn hard. It's time for new leadership.
'This is the wrong time to vote in the committee," Budget Committee Chairman Kent Conrad said this week in an attempt to explain why Senate Democrats would once again fail to produce a budget. "This is the wrong time to vote on the floor."
Give Conrad credit for a little honesty at least.
Since President Obama entered the White House in 2009, the Democrats have managed to sink the country $5 trillion deeper in debt.
The national debt now exceeds the entire U.S. economy, and unless Congress manages to reform entitlements and control spending, it'll only get worse.
Any wonder Democrats think it's the wrong time to tell us how they'd get out of this mess? Either they'd have to get serious about spending cuts and entitlement reform — which they've refused to do — or they'd have to propose massive tax hikes on everyone.
Worse still, they'd have to cast votes announcing to the world where they stand on these choices. Who needs the hassle?
Better to just take pot shots at House Republicans — who've actually put forward a budget — and hope voters don't notice, or care about, Democrats' gross dereliction of duty until the election is safely behind them.
(Excerpt) Read more at news.investors.com ...
