Research

Yesterday, Rep. Steny Hoyer (D-MD) said that the House may skip voting on a budget this year, admitting the political risk would be severe for House Democrats if they stood by their President and voted for his obscene binge spending. In his defense, Hoyer tried to say that this was something Republicans had done before, but according to The Hill, he is dead wrong:

Skipping a budget resolution this year, a move House Democrats are considering, would be unprecedented. The House has never failed to pass an annual budget resolution since the current budget rules were put into place in 1974, according to a Congressional Research Service report.

So, what are Rep. Hoyer and the rest of the House Dems so afraid of voting on? According to the CBO, Obama’s FY2011 budget would cause the national debt to skyrocket to $20.3 trillion in 2020, quadrupling annual interest payments to $916 billion by the end of the decade. And it would result in the largest tax increase in history by allowing the 2001 and 2003 tax cuts to expire. Generational theft, massive tax increases, irresponsible binge spending, risking our AAA credit rating and an expansion of an already job-killing bureaucracy – who would want to sign their name to that?