When the Democrats took control of Congress in 2006 they imposed their own version of fiscal conservatism known as pay as you go budgeting or “paygo”.  Under this policy the Democrats promised to offset any new spending increases or tax cuts with comparable tax increases or spending cuts.

It didn’t take long for the Democrats to quickly abandon their newly found spending restraint by waiving paygo restrictions no fewer than a dozen times that accomodated nearly $400 billion in new spending.

Yet despite this reckless behavior House Majority Leader Steny Hoyer reiterated his support as well as Speaker Pelosi’s support for paygo.

Now comes word from Rep. Jim Cooper (D-TN) that the Democrats are going to do away with paygo.  Why would they do that?  Because as Cooper was quoted as saying “It would be unfair to the new President to put him in a budget straitjacket.”  Whate he really means is that now that we control the White House the rules have changed regarding spending.

Conservatives complained about paygo and called it a sham which it was though the mainstream media said nary a word about this deceptive policy.  It’s just the first step in a return to the Democrats favorite tax and spend policies which undoubtedly receive little attention from the press especially under a new Democratic administration.

The people spoke last Tuesday and everyone will now pay a steep price for their folly.  Don’t say that you weren’t warned.

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