The great irony of the Republican decision to bust the budget sequester is that barely two months ago, congressional roles were reversed. The Democrats insisted on funding the government according to existing law. The Republicans sought one simple change: that the individual insurance mandate under Obamacare be delayed for one year. They were trying to spare the American people the Obamacare disaster that is now unfolding, but to no avail. The American people sided overwhelmingly with the Democrats on the principle that the government should be funded according to current law without any side issues.
Why wasn’t that principle applied just two months later? Republicans were in the ideal position to hold the budget line simply by insisting on enforcing current law. Instead, the House Republican leadership pushed through a two-year budget that will allow the federal government to spend an additional $63 billion more than current law allows – money that our country does not have.
Some of the discussion has focused on how much of the spending spree will be paid with higher taxes. The answer is, “all of it.” Once government spends a dollar, it has already… Read More