One day Team Obama announces a plan for enhanced rescission authority to impound wasteful spending.
The next day the House surfaces a $200 billion “stimulus” plan to spend on transfer payments for welfare, even more unemployment compensation, still more Medicaid, and a bunch of special-interest subsidies.
So are we to believe that Obama will rescind the excess appropriations?
Hardly. And since pay-go is dead, most of the new spending is not offset. It will add to deficits and debt.
The Greek disease.
The welfare state run amok.