Election Year Produces No Budget

Cal Thomas | Syndicated Columnist | Thursday, June 24, 2010

Election Year Produces No Budget

June 24, 2010

The House leadership won't produce a budget until December because it says it wants to wait for the deficit commission to report. In fact, the leadership wants to wait until after the election. If they lose their majority, watch them push through huge tax increases and new spending that the president will sign before Republicans take over.

Majority Leader Steny Hoyer has already hinted there will be more tax hikes. That's what liberals do. But it's not something conservatives are supposed to do. In Britain, David Cameron's coalition government has issued its new budget. It includes an increase in the value added tax from 17.5 percent to a staggering 20 percent. Capital gains and other taxes would also go up. And they've announced a 25 percent across the board cut in government services. Politicians always do this. The tax hikes will remain as the spending inevitably increases.

In America, as well as Britain, spending has been out of control for too long because the politicians have been out of control. They care more about their careers than our careers and lives.  That's why term limits are the only answer…along with living within our means.  

Cal Thomas is a nationally syndicated columnist based in Washington, D.C.