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Economic News, Data and Analysis

Mission Accomplished

Tom Delay claims Republicans have cleaned up pork in the budget.
If you believe that, I also have a $223 million bridge to a remote island in Alaska I’d like to sell.

DeLay declares ‘victory’ in war on budget fat – Nation/Politics – The Washington Times, America’s Newspaper
DeLay declares ‘victory’ in war on budget fat
By Amy Fagan and Stephen Dinan
THE WASHINGTON TIMES
September 14, 2005
House Majority Leader Tom DeLay said yesterday that Republicans have done so well in cutting spending that he declared an “ongoing victory,” and said there is simply no fat left to cut in the federal budget.
Mr. DeLay was defending Republicans’ choice to borrow money and add to this year’s expected $331 billion deficit to pay for Hurricane Katrina relief. Some Republicans have said Congress should make cuts in other areas, but Mr. DeLay said that doesn’t seem possible.
“My answer to those that want to offset the spending is sure, bring me the offsets, I’ll be glad to do it. But nobody has been able to come up with any yet,” the Texas Republican told reporters at his weekly briefing.
Asked if that meant the government was running at peak efficiency, Mr. DeLay said, “Yes, after 11 years of Republican majority we’ve pared it down pretty good.”
Congress has passed two hurricane relief bills totaling $62.3 billion, all of which will be added to the deficit.
Republican leaders have been under pressure from conservative members and outside watchdog groups to find ways to pay for the Katrina relief. Some Republicans wanted to offer an amendment, including cuts, to pay for hurricane spending but were denied the chance under procedural rules.

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