Monday, April 03, 2006

Federal Spending is Out of Control

The U.S. House of Representatives will debate the $2.8 trillion budget for 2007 this week which will add an additional $3 trilllion of debt over the next five years. The Bush Administration has already borrowed more money over the past four years than the United States borrowed during the country's first 200 years. We fought the Civil War and two World Wars during that time and still didn't manage to run up this large of a debt.