CONGRESS::Hey, big spender – Washington Times
By MB Snow at September 29, 2011 | 1:00 pm | Print
At the stroke of midnight Friday, the fiscal year ends. When the final numbers are in, the government will have grown larger. Despite politicians spouting off about tough cuts, the Congressional Budget Office (CBO) reported federal outlays have gone up by $118 billion through August. America is barreling over the cliff into bankruptcy, but Washington isn’t willing to stop the train.
The same political games drove the debate over the Continuing Resolution (CR) this week. It funds the government until Nov. 18 at the topline levels from the debt deal that earned the United States a credit-rating downgrade, rather than the $19 billion lower target in the House-passed budget crafted by Rep. Paul Ryan, Wisconsin Republican.