DEMOCRATS END YEAR WITH SPENDING BINGE
Today Rep. Calvert (R-CA) voted against two last minute measures to continue to Democrat spending-frenzy: the $154 billion second "stimulus" and the $290 billion debt ceiling increase.
"It is absolutely astounding that at a time when Americans are struggling to keep their jobs and pay the bills, the Nancy Pelosi liberal Congress is ending the year with even more spending," said Rep. Calvert. "The federal government, under the leadership of spend-happy Democrats has produced a record-high deficit and a record-high budget all on the backs of future generations."
On the last day of session, Democrats passed the following bills:
H.R. 4314 - The bill would increase the statutory limit on the national debt by $290 billion, from $12.104 trillion to $12.394 trillion.
Amendment to the Senate Amendment to H.R. 2847 - Approximately $150 billion spending bill with a portion coming from unspent TARP funds.
"As I've stated before, any leftover TARP funds as well as funds paid back should go against our exploding deficit, not spent on more so-called job creation which for Democrats apparently means more government jobs," said Rep. Calvert.