The next time some idiot from the Republican Party tells out that they are the party of fiscal responsibility; show them this please.
The story via the Cybercast News Service: (H/T to Freedom’s Phoenix)
(CNSNews.com) – The Republican-controlled House of Representatives, which took office in January 2011, has enacted federal spending bills under which the national debt has increased more in less than one term of Congress than in the first 97 Congresses combined.
In the fifteen months that the Republican-controlled House of Representatives–led by Speaker John Boehner–has effectively enjoyed a constitutional veto over federal spending, the federal government’s debt has increased by about $1.59 trillion.
You really cannot blame all of them; John Boehner is the leader of the house and he is constantly caving to the left on important issues like this one here.
Let’s look at the party that is in control of the house and see just how responsible they really are, shall we?
When Boehner became speaker on Jan. 5, 2011, the federal government was operating under a continuing resolution that had been passed on Dec. 21, 2010 by a lame-duck Congress. That CR expired on March 4, 2011.
On March 1, 2011, Boehner agreed to a new short-term spending deal with President Barack Obama and Democratic congressional leaders to keep the government running past the March 4, 2011 expiration of the old CR. Since March 4, 2011, federal expenditures have been carried out under a series of CRs approved by both the Republican-controlled House and the Democrat-controlled Senate and signed into law by President Obama.
At the close of business on March 4, 2011, the total federal debt was $14,182,627,184,881.03, according to the Treasury Department’s Bureau of the Public Debt. At the close of business on May 31, 2012, it was 15,770,685,085,364.14. That is an increase of $1,588,057,900,483.11—in just 15 months.
All of the debt accumulated by the federal government throughout the history of the country did not exceed $1.588 trillion until October 1984.
Under the Republican-controlled House, the federal debt has been increasing at an average pace of about $105.9 billion per month.
Remember that Tea Party that I blogged about, went to bat for and supported? Remember all of the promises by the Republican Party to listen to that gathering of Americans fed up with DC? All of that, as far as this writer is concerned was nothing more than a bad joke and a horrible one at that. The Republican Party had no intentions of changing their ways at all. The Republican Party saw an organic. populist-type movement of the people, capitalized on it, whenever they could; and proceeded to put forth a moderate candidate and continue on with business as usual.
I have written this before and it is the honest truth; if these Republicans and Tea Party people believe that Mitt Romney is going to shrink the size and scope of Government one lousy iota; they are going to be in for a very horrible surprise. If these same Republicans and Tea Party people think that Mitt Romney will revoke “Obamacare” they are going to be in for a big, shocking surprise. Mitt Romney, like Obama; as the Democrats have found out, is a moderate and moderates never do anything ever that will change the course of history, ever.