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It appears that the spending in the budget deals being proposed in Congress include hefty spending increases and would also end up lifting all the spending caps imposed by the 2011 budget deal.
In order to secure more money for national defense, Democrats are demanding an equal amount of extra funding for domestic social welfare programs. So to get an additional $108 billion for the Pentagon, the Republicans may agree to another $108 billion-plus in ransom money for domestic agencies. But when all the emergency funding is included, the ratio could be closer to $2 of additional domestic spending for every dollar of increased military funding. What a deal.
If this treasury raid deal gets cut, the budget caps from the 2011 budget act will be officially and irrevocably washed away. So will any pretense of fiscal discipline and debt control. “Almost no one here on either side of the aisle wants to control spending,” Sen. Rand Paul of Kentucky tells me. “It’s sad, but it’s the new reality.”
If he’s right, then any allegiance to spending control has been tossed aside at the very time the debt has been spiraling. The $4 trillion federal budget is expected to exceed $5 trillion within eight years. The $20 trillion debt is already headed to $30 trillion over the next decade — even without this new spending spree.
In other words, the corrupt swamp in Washington, from both parties, continue to win in its desire to empower itself at the cost of the nation.