Minor Thoughts from me to you

Last week the Democrats in Congress decided how they'll spend your money. Surprisingly, they won't be letting you keep much of it.

Majority Democrats passed an important test Thursday with approval of a $2.9 trillion budget plan that promises big spending increases for party priorities such as education and health care.

The budget blueprint sets a course to produce a small surplus in five years by assuming that many of President Bush's tax cuts would expire.

Ah, yes. They'll hit all of their spending priorities by taking more of your money. Makes perfect sense.

The House passed the measure by a 214-209 vote without a single Republican voting for it. The Senate quickly followed on a 52-40 vote; moderate Republicans Olympia Snowe and Susan Collins of Maine joined with Democrats.

But deficits under the Democratic plan would be higher over the next two years than the $150 billion to $200 billion the Congressional Budget Office predicts for the current year. A $41 billion surplus is projected for 2012.

They noted it projects a surplus of $41 billion in 2012 by assuming that more than $200 billion worth of tax cuts over 2011-12 "” on income, stock dividends and capital gains, among others "” expire as scheduled at the end of 2010.

Yep. That makes sense. Increase the deficit in the hopes that continually increasing tax revenues will cover the spending spree. Also, assume that the American people will let you hike their taxes by $200 billion.

The budget plan sets the stage for an $850 billion increase in the national debt "” to $9.8 trillion. Under a House rule endorsed at different times by both Democrats and Republicans, adoption of the budget resolution means a separate debt limit increase bill is automatically passed and sent to the Senate.

You know, Congress has the same sense of fiscal responsibility that the Moellering's do. Joy.