Trillions, not billions

Fresh off his budget battle victory late Friday, House Speaker John Boehner, in a column for USA Today, stated the next fight would be over “trillions, not billions” in spending cuts. His column said, in part:

That’s why this week, we’ll advance our fight from saving billions of dollars to saving trillions of dollars as we turn our full attention to the GOP budget outlined by House Budget Committee Chairman Paul Ryan, R-Wis., aptly titled “The Path to Prosperity.” The Path to Prosperity is a powerful blueprint for economic growth and fiscal responsibility that will help our economy get back to creating jobs, stop Washington from spending money we don’t have, and lift the crushing burden of debt that threatens our children and grandchildren.

While Ph.D. candidates could earn teaching degrees studying the Federal budget (though who would want teaching degrees in such a discipline is questionable), one thing is clear: with the GOP House, there’s finally a watchdog to prevent President Obama and the Democrat controlled-Senate from engaging in another two years of out-of-control spending sprees that have damaged the value of the US dollar and resulted in economic malaise unlike any seen since the Carter administration.

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