In an insult to drunken sailors everywhere, John McCain noted that Congress and this Administration are spending like crazed men. Meanwhile, Chuck Hagel notes why he (correctly) voted against the Prescription Drug Act, and points out the real problem with this administration:
There is a larger point to all of this. Who is looking out for the future of the country? This administration and Congress have increased federal spending over the past three years by 21 percent, resulting in budget deficits for the last two years of $559 billion, with next year’s deficit estimated to be about $500 billion. We passed some of the largest and most expensive bills in the history of the Congress in the past three years – at the same time passing some of the largest tax cuts ever.
All of this at a time when America has taken on more peacekeeping and nation- building around the world than at any time since World War II – all at huge costs. And we see a dangerous and strong protectionist movement beginning to dominate our historical commitment to free trade that will have a negative impact on our trade and institutional relations as well as our economy.
It really is shameful.