Skip to content
LPBN-Icon-v1 (1)
The Right Coast
A Member of the Law Professor Blogs Network

‘Borrow-and-spend’ stimulus bill is a fiscal monstrosity | TheHill

By Thomas A. Smith

The 5,000-page, $900 billion fiscal stimulus legislation passed by Congress on Monday is not a jobs bill, and it will do far more short- and long-term damage to the U.S. economy than good. Why is it that bipartisanship in Washington these days means that Republicans and Democrats agree to spend and borrow? Fiscal conservatives in Congress should have rejected this debt bill.  

via thehill.com

GOP and Dems concur: it’s fun to spend money you don’t have.