Tuesday, January 30, 2007

Democratic Spending Restraint

I am happy to read in the Washington Post that the Democratic leaders in congress are actually planing to restrain spending for the last 8 months of fiscal 2007.
To quickly resolve the current budget, the Democrats are writing a resolution to fund the government -- without earmarks -- for the remainder of the year. Obey and Byrd expect the resolution to total $463 billion [sic], the amount left over from Bush's 2007 budget after the homeland security and defense budgets are removed.

I really never thought that I would cheer on Senator Byrd for fiscal responsibility, but that is just what I am doing. By eliminating earmarks in this budget the Democrats caused some heartburn at universities and other recipients of federal largess. So here is half a cheer for the Democrats. Why only half a cheer? Well with Post continues:
Obey and Byrd said earmarks will resume with the 2008 budget, but under new rules passed by the Democrats. Legislators will have to disclose any earmark they insert and will have to certify they have no personal financial interest in the earmark, among other changes.

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