How Your Children Will Pay for Hurricane Sandy
After last night’s Hurricane Sandy relief concert, which raised $30 million from ticket sales alone, you may be wondering how the relief effort is coming along. Well, thanks to the American taxpayer, not too badly at all, at least from a financial point of view. Congress is set to drop as much as $80 billion in taxpayer cash in relief funds, with no care whatever for the more than $1,000,000,000,000 deficit we’ll run this year.
Passage of a Hurricane Sandy supplemental spending bill this month appears more likely following a meeting on Thursday between Speaker John Boehner (R-Ohio) and Gov. Chris Christie (R-N.J.).
Sen. Robert Menendez (D-N.J.) said on Thursday that Boehner indicated to Christie that offsets, or dollar-for-dollar spending cuts, are not going to be a big issue.
“The governor did say that the Speaker … has said that while some in his conference may raise offsets, that is not where he believes the majority of his conference will be on this issue. That is critically important for us,” Menendez told reporters.
Offsets? Offsets are for suckers, not serious legislators able to prioritize how they will spend your children’s’ birthrights.
There is a chance the Republican leadership in the House will insist on some offsets, that is to say we won’t spend money on various Washington boondoggles but will use that money on relief efforts instead, but there is no way in the world Speaker John Boehner has the gumption to demand we hold any sort of reasonable line on more deficit spending. And by “reasonable line”, I mean no deficit spending at all.
Because putting our children further in hock for any reason short of all-out war right now is unreasonable, or it ought to be.