Countdown to Disappointment: Don't expect the new Congress to cut spendingYouTubeJan. 07, 2011 |
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![]() How long till we can officially call the new Congress a failure? Ever since their midterm triumph, the GOP has talked tough about cutting spending. Here's hoping they make good on those promises, but they spouted the same tough talk after their 1994 election triumph and look what happened. Back then the Republican revolutionaries targeted more than 200 programs for complete and utter elimination. They scored some minor victories (adios helium fund!), but a decade into their "revolution" (and after they gained a Republican president) inflation-adjusted spending on the combined budgets of the 101 largest programs slated for elimination actually increased by 27 percent. (source: http://www.cato.org/pub_display.php?p... And since then total federal spending has continued to soar, so why should we take Republicans seriously this time? The countdown to disappointment starts now. Approximately 82 seconds. Written and produced by Ted Balaker. Music by Ambient Teknology (Magnatune Records). |