Writing Bad Checks

by Steve on February 8, 2009

Debate continues on the pork:

Republican Senator Jeff Sessions said it would cost some $40 billion a year just to service the additional debt that resulted from the spending portions of the bill.

“How big is $40 billion? That’s the annual road budget, the annual highway budget for the United States of America. That’s a lot of money,” Sessions said.

Spend, spend, spend. Irresponsible fiscal practices are what created this mess we’re in, they sure aren’t the answer as well as the problem. Democrats are quick to blame Bush for the problem but it was Clinton’s directive forcing Fannie and Freddie to take on “questionable” loans that set up our current fiasco. How quickly (or conveniently) some forget.

More from Reuters

{ 1 comment }

Kath February 8, 2009 at 18:32

Doesn’t really matter who you blame it on or don’t blame it on. My question is now — where is this money? The billions for this and billions for that — hello, what are you doing, printing it in the basement? It’s all Monopoly money.

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