Senate Minority Leader Mitch McConnell voiced skepticism Monday over the massive economic-stimulus package being drafted by Democrats, likening Barack Obama's first major initiative to a "trillion-dollar spending bill" that could leave the country saddled with an unsustainable debt.
McConnell, the Kentucky Republican who will lead a smaller GOP minority next Congress, said the bill should be the subject of extensive hearings to scrutinize how the federal dollars would be spent and questioned Democrats' goals to approve the bill by the time Obama is sworn into office on Jan. 20.
"Surely the Democrat leadership in Congress doesn't plan to spend a trillion dollars of taxpayer money -- nearly $10,000 in new debt for everyone who pays federal income tax, charged to the credit card for our children to pay -- without safeguards, without appropriate hearings to scrutinize how tax dollars are being spent," he said in a statement.
In addition to hearings, McConnell has called for an open amendment process to give the GOP opportunity to alter the bill as it heads to the Senate floor. It's unclear yet whether Democrats will oblige, saying the economy is in rough enough shape that quick action is needed to stave off the worst economic crisis since the Great Depression.
Mitch will be the voice of reason, and if he can keep his troops together, there's still a chance that a pork-laden bailout bill can be stopped. A small chance, but a chance nonetheless.
The Huffington Post is as mad as can be a McConnell which means he's clearly doing something right.
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