In response to:

A Bad Lie, At Best

Brencis Wrote: Jun 25, 2010 5:45 AM
Politics in America is increasingly trumping the running of the country. This bodes ill for the nation. You will land up like a very large 3rd world country

A massive increase in the national debt would be an inevitable part of this year’s budget proposal, given that Democrats have enacted some of the most expensive legislation in history over the past few months. To solve this problem, Democrats have decided to simply avoid proposing any budget at all. Their intention is to avoid accusations of fiscal irresponsibility during a recession.

In the meantime, the federal government will continue to operate on last year’s budget, while handing out proverbial "IOU's" to agencies that need more money to pay for increased expenditures.

It's a sly move from a party...

Friday, June 01 | 07:27 AM ET
Friday, June 01 | 07:27 AM ET
Friday, June 01 | 07:27 AM ET
Friday, June 01 | 07:27 AM ET