Custom Search

Wednesday, June 09, 2010

As Projections Say US Debt To Rise To $19.6 Trillion, Democrats Fear Public Reaction On More Spending

Two stories caught my eye one right after another and both show how toxic the atmosphere is for Democrats after the massive spending binge of the last year under the Obama, Pelosi and Reid reign.

First the Reuters headline "U.S debt to rise to $19.6 trillion by 2015."

June 8 (Reuters) - The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.

Next headline blares from The Politico "Spending fears threaten Dem agenda."

At a closed-door meeting with a small group of House Democrats late last month, House Speaker Nancy Pelosi heard gripes from members not happy about having to vote on a big spending measure at a time when many voters think government growth and deficits are out of control.

Nothing new there. Pelosi’s been hearing this type of message from the noisy caucus of moderate Blue Dog Democrats for a year and a half.

But this time was different: The malcontents were freshmen, many of whom have enthusiastically backed President Barack Obama’s agenda most of the way but now are choking on its cost.

Some of the first-term lawmakers said the dollar figure on a nearly $200 billion spending and tax cuts package was too big for them, even if some of the package was paid for with revenue offsets, according to senior party aides.

“I’m just at a point where I don’t want to see any more unpaid spending,” Rep. Jim Himes (D-Conn.), a freshman from a previously Republican district, told POLITICO the day of that meeting. He said concern about spending is “fairly common” in the 2008 group of freshman House Democrats because they are “a little more inclined to keep an ear to the ground.”

Indeed, as the deficit grows, the political will to vote for more spending shrinks. Democrats are suffering pushback — and even defections — from far outside the Blue Dog Coalition on core party issues like unemployment and health insurance subsidies.

The Politico headline alone begs the question of why any Democratic "agenda" always turns out to include massive, unpaid for spending, especially after making such a big deal about passing their "pay-go" law, to which they continually ignore?

Democrats are correct to worry, Americans are tired of seeing the politicians reach into the citizens pockets and take their money.