Yeah, things are running really well. Current federal budget deficit? $451 million. Current national debt? $7.9 trillion. Too bad there's no glaring pork projects out there where the money could be cut. That'll do, pigs. That'll do.
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."
Like they say over at Kung Fu Monkey, I miss Republicans. But this is good news for the Democrats. Between the Republican bungling of Iraq and Katrina and the new decision to abandon the ideas of fiscal conservatism, that leaves a lot of room for the Democrats to run on a single-worded theme: competence. Democrats are competent to run the government and handle the money. Democrats, it seems, are the new old-school Republicans.