Democrats Abroad New Zealand
9.19.2005
  DeLay Declares 'Victory' in War on U.S. Budget Fat - (Wikinews.org)
September 19, 2005

Republican House Majority Leader Rep. Tom DeLay has declared an "ongoing victory" in spending cuts. He stated that the federal government was running at peak efficiency and that there was nothing left to cut from the U.S. federal budget. DeLay supports additional deficit spending for Hurricane Katrina relief efforts, on top of the this year's existing $331 billion federal budget deficit.

DeLay's position has drawn criticism from some fiscal conservatives, including a few fellow republican representative. Rep. Jeff Flake (R-Arizona) commented "I wonder if we've been serving in the same Congress." The majority of congressional republicans still support DeLay's view, and feel that their fiscal policies have been more sound than the democrats were in the past.

American Conservative Union Chairman David A. Keene claimed that federal spending was "spiraling out of control" before Katrina, and suggested fiscal conservatives were "losing faith" in the Republican congressional leadership. Mr. Keenes stated that "Excluding military and homeland security, American taxpayers have witnessed the largest spending increase under any preceding president and Congress since the Great Depression." Specifically, aside from millitary and security spending, federal spending increased by $303 billion per year from 2001 and 2005, and the acknowledged federal debt increased more than $2 trillion since fiscal year 2000. The estimates used by the American Conservative Union predict that the 2003 Medicare prescription drug bill will increase the government's unfunded obligations by $16 trillion.

(More ... DeLay declares 'victory' in war on U.S. budget fat - Wikinews)
 
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