'Buckets Full of Steaming Porkfat'
"[B]uckets full of steaming porkfat" paints a lovely picture, doesn't it?
That comes from this morning's editorial in the Las Vegas Review Journal. Yes, they say, it's good that national tax revenues are up, but we're still spending money like there's no tomorrow. Excerpt:
If the Congress actually reduced spending, today's soaring tax revenues could be used to pay down the government's debt, which would in turn strengthen the confidence of international investors. Instead, most in Congress choose to carry home buckets full of steaming porkfat -- borrowed money for projects neither truly necessary nor authorized for federal funding by the Constitution -- issuing "IOUs" that won't come due till they're off enjoying their own fat pensions.
Perhaps that's what Minority Leader Harry Reid had in mind when he asked on the floor of the Senate Tuesday whether a deficit "smaller than $300 billion, is that anything to brag about? I think not."
We agree, and eagerly await the Democratic plan to eliminate pork, trim entitlements and slash federal expenditures sufficient to create annual surpluses starting next year.
Read it all. It's one of the best editorials I've read this year.
