Democrats Approve Trillions in New Spending

Big pimpin’, $pendin’ Gs.

First up, the House approves a $155 billion-dollar jobs bill:

By a vote of 217 to 212, the House approved additional spending for “shovel-ready” construction projects and money to avoid layoffs of teachers, police and other public employees.

The Senate is expected to consider the measure early next year.

Busy work! It’s so much easier to put a band aid over the problem as opposed to having to sacrifice self-interest and tighten those purse strings.

Obama signed into law a trillion-dollar bill that increases the the federal budget by 10%.

The bill lumps together six of the 12 annual appropriations bills for the 2010 budget year that began Oct. 1.

Most Republicans opposed the bill, citing runaway federal spending. They also pointed to an estimated $3.9 billion for more than 5,000 local projects sought by lawmakers from both parties.

Democrats said the spending would help the economy recover from the recession.

Spending money to stave off a recession is like screwing for chastity.

And completing the trifecta: the House approves a $290 billion-dollar increase in the debt limit:

The House on Wednesday passed legislation giving the federal government the ability to borrow a whopping $290 billion to finance its operations for just six additional weeks.

The 218-214 vote sends the must-pass bill to the Senate, which is expected to approve it as its last act before adjourning for the year. The alternative would be a market-rattling, first-ever default on U.S. obligations.

The measure is needed as a result of the out-of-control budget deficit, which registered $1.4 trillion for the budget year that ended in September. The current debt ceiling is $12.1 trillion and is set to be reached by Dec. 31.

Add this to Opposite Day.

Related articles ALL POSTS