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Thursday, December 5, 2019
CNS Editor's Double Standard On Federal Spending
Topic: CNSNews.com

CNSNews.com editor in chief Terry Jeffrey spent his Nov. 20 column lecturing members of Congress that the longtime practice of paying a year's salary to the surviving spouse of a congressmember who dies in office is a waste of money:

The members of Congress who have enacted previous bills that included language directing the Treasury to provide the equivalent of a full year's salary to the spouse of a deceased colleague were not giving that person their own money.

They were giving that person your money — or your children's and your grandchildren's money.

And this, of course, is exactly how the Washington establishment has long shown how compassionate it is: It takes money from one group of people and gives it to another.

[...]

Since Congress plans to run annual deficits in every fiscal year for the foreseeable future, this "gift" might alternatively be paid with borrowed money — adding to the $1.1 trillion deficit the Office of Management and Budget had previously estimated the Treasury would run this year.

In that case, the Treasury will issue bonds to secure the cash needed to fund that "gift" and then roll those bonds over and over — unless the federal government actually pays off its debt someday.

Jeffrey, however, is much more cavalier when it comes to spending tax money on causes he approves of -- and he was just two weeks before his lecture to Congress.

As he has before, Jeffrey devoted a Nov. 7 article to touting how building a border wall would take up an infintesimal amount of the federal budget, then complaining that Congress isn't funding it to his satisfaction:

The $5,000,000,000 that President Donald Trump has requested Congress appropriate for border-wall construction along the southwestern border in fiscal 2020 equals just 0.1 percent of the $4,745,573,000,000 that the Office of Management and Budget estimates the federal government will spend in total during the fiscal year.

The fiscal 2020 Department of Homeland Security funding bill that the House Appropriations Committee has approved, however, provides $0 for the wall.

[...]

The $5,000,000,000 President Trump has requested for construction of the border wall in fiscal 2020 equals 0.1 percent of the $4,745,573,000,000 that the OMB estimates the federal government will spend in total in fiscal 2020.

By contrast, the Senate Appropriations Committee approved and sent to the full Senate a DHS funding bill that says: “$5,000,000,000 is for the construction of pedestrian fending.”

Unlike in his lecture over survivors' payments, Jeffrey did not mention the federal deficit at all or fret that the wall would be paid for with borrowed money. It's as if he has different standards based on things he would like to see money spent on.


Posted by Terry K. at 12:44 AM EST

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