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GOP Warns of Democrats' Coming Spending Spree

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posted on May, 11 2010 @ 02:35 PM
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Even as the European debt crisis rocks U.S. markets, congressional Democrats are poised to go on a huge spending spree during the next few weeks, potentially creating hundreds of billions of dollars in new red ink just before the Memorial Day recess.

Congress is looking at a crush of votes on big-ticket items sure to set up a debate on deficits less than six months before the November elections, The Hill reports.

Over the next three weeks, Democratic leaders are looking to send President Barack Obama a slew of measures costing more than $200 billion, according to The Hill. They include:

* A multiyear extension of unemployment benefits likely to cost tens of billions of dollars
* An extension of expiring tax provisions
* Medicare doctor payments totaling $180 billion
* Afghanistan war supplemental spending totaling $33 billion

Virtually none of these costs will be paid for, creating new massive deficits – a fact that Republicans are emphasizing as they approach midterm elections in November.

Republican leaders have been pointing recently at Greece’s dismal fiscal situation as a warning, claiming that the United States will be headed for a similar fate unless the deficits are curtailed.

“We are on a path which will go to where Greece is, there's no question about that, if we don't adjust our present financial house,” Sen. Judd Gregg, R-N.H., said during an interview Monday night on the Fox Business Network.

“If we continue to spend much more than we take in . . . we'll double our debt in five years and triple it in 10 years and essentially be where Greece is in about seven years,” he said.

“So we know we are headed in that direction unless we do something about reducing the level of debt and reducing the level of our spending.”

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I find all the debt ironic and at times, purposely planned. I'm split at times on what to think about it all except to stock up and get ready for when SHTF. Anyway, I thought I'd share this.




posted on May, 11 2010 @ 03:04 PM
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Really? Really? The GOP is warning of a DEMOCRATIC spending spree? Why didn't they warn us of a REPUBLICAN spending spree of trillions for a fake war against the wrong people or warn us of a billions spending spree to BAILOUT banks as Bush was leaving office. Why did they wait until now to warn us of spending problems. Pathetic hypocrites is all they are.

I get the biggest kick when these gay hating republicans get caught in public bathrooms soliciting sex or with paid call boys or even letting gay porn site operators into the White House. When I say pathetic I really do mean pathetic hypocrites.



posted on May, 11 2010 @ 03:04 PM
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You know, a friend and I had a discussion recently about the spending in Washington. A better solution would be to just give each U.S. citizen $100,000 in cash. It would stimulate the economy, make for some happy people, create jobs, and make more sense than the money they are pouring into other projects. And it would save money.



posted on May, 11 2010 @ 03:25 PM
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Originally posted by damwel
Really? Really? The GOP is warning of a DEMOCRATIC spending spree? Why didn't they warn us of a REPUBLICAN spending spree of trillions for a fake war against the wrong people or warn us of a billions spending spree to BAILOUT banks as Bush was leaving office. Why did they wait until now to warn us of spending problems. Pathetic hypocrites is all they are.

I get the biggest kick when these gay hating republicans get caught in public bathrooms soliciting sex or with paid call boys or even letting gay porn site operators into the White House. When I say pathetic I really do mean pathetic hypocrites.


Ah your so right!

I agree with you fully.

I mean come on, it's like a robber warning you your gonna get robbed.
Such hypocrites, but it's okay when they do it?
However I don't agree with all the spending, much of the defecit was created during Reagan (Republican) and Bush's terms.



posted on May, 11 2010 @ 03:29 PM
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Republicans and Democrats are two sides of the same coin. Both are corrupt and ruining this country. Hell most Republicans aren't even Republicans anymore......they are corporatists. I don't honestly know who I can't stand more. Both are disgusting pukes in my mind.

Yes the gay bashing Republicans getting caught in the bathrooms thingy is spot on. Bunch of hypocrites.



posted on May, 11 2010 @ 03:36 PM
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reply to post by Crossfate
 






Best,
SN



posted on May, 11 2010 @ 03:41 PM
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Originally posted by damwel
Really? Really? The GOP is warning of a DEMOCRATIC spending spree? Why didn't they warn us of a REPUBLICAN spending spree of trillions for a fake war against the wrong people or warn us of a billions spending spree to BAILOUT banks as Bush was leaving office. Why did they wait until now to warn us of spending problems. Pathetic hypocrites is all they are.

I get the biggest kick when these gay hating republicans get caught in public bathrooms soliciting sex or with paid call boys or even letting gay porn site operators into the White House. When I say pathetic I really do mean pathetic hypocrites.


LOL>>> with your wonderous logic I am to understand that the immorality of the past administrations , namely the bush family, which by the way I supported in the very beginning , but very quickly saw how progressive and unamerican the bushes really were by taking away freedoms and then GW finally starting TARP, so what you are saying is those you support saw this as an opportunity to take the bad things of the Bush family and take it much much further by spending even more, more more, ?
you need to be glove slapped my friend, if you can't distinguish wrong from wrong!



posted on May, 11 2010 @ 05:12 PM
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Originally posted by damwel
Really? Really? The GOP is warning of a DEMOCRATIC spending spree? Why didn't they warn us of a REPUBLICAN spending spree of trillions for a fake war against the wrong people or warn us of a billions spending spree to BAILOUT banks as Bush was leaving office. Why did they wait until now to warn us of spending problems. Pathetic hypocrites is all they are.



1. A Democratic Congress voted yes to going to war with Iraq.
2. A Democratic Congress voted yes to putting troops in Afghanistan.
3. A Democratic Congress continues to vote "Yes" on spending more on these 'wars'.
4. A Democratic Congress voted yes on all of the bailout packages passed thus far, including Bush's.

Thanks for trying to blame only the GOP, but like so many of your posts you fail yet again. There's enough blame to go around for both parties.

[edit on 11-5-2010 by sos37]



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