Monday, October 24, 2005

Congress seeks cuts as debt hits $8 trillion - Yahoo! News
Out. I want them all thrown out.

No. Strike that. I want them chased out of town with torches and pitchforks, driven into the cold woods of Maryland where they will shiver in the dark and go hungry and then the Blair Witch can drive them insane with fear.

Maybe that doesn't go far enough, either.

WASHINGTON (Reuters) - Republicans in Congress will try to pass spending cuts this week, after war, anti-terrorism efforts, hurricanes and big tax cuts helped push the government's debt load through the $8 trillion mark.

Sources in the House of Representatives said it likely would be mid-week before Republican leaders know whether they have enough support for spending reductions, including cuts in health programs for the elderly and poor, that go beyond the $35 billion sketched out last spring.

Congress is also debating a Republican-backed plan for more tax cuts, mostly for the wealthy.

The Senate is sticking to the $35 billion benchmark for spending cuts, amid pressure from conservatives in both chambers to cut more money to help pay for $62.3 billion in emergency aid for victims of Hurricanes Katrina and Rita.

For either approach to become law, Republicans, who hold a majority in both houses of Congress, will have to do it alone.

Democrats opposed the Republican budget plan enacted last spring and none have said they are on board for a new round of cuts, coupled with the tax cuts.

Record debt is washing over the Treasury Department, recently breaching the $8 trillion mark in money owed to foreign governments, private investors and the Social Security retirement fund used to finance deficit-spending.

Republicans, who also control the White House, have now presided over an increase in $2 trillion to the national debt over four years or so, despite contending that they are the only U.S. political party that practices fiscal discipline.

Eight years of Democrat Bill Clinton's presidency resulted in around $1.6 trillion being added to the U.S. debt, but with the possibility of paying it all off by 2015.

As they struggle to nail down more spending cuts, House Republicans likely will get a bill from the White House this week for billions more in spending for hurricane rebuilding and tools to fight avian flu.

I hope you rot in Hell, you bastards.