Late Saturday night President Barack Obama sent a letter to the leadership of the House and Senate urging them to approve a tax and spending bill currently being debated in the Senate that already would add $80 billion to our nation’s budget deficit. But coming off of last year’s $862 billion stimulus, President Obama is not happy with just another $80 billion in debt for this year. He also requested another $50 billion in deficit spending earmarked for bailing-out state and local governments. Without this “emergency” money, the President claims thousands of government union jobs would be lost. But even among his own party, the President faces an uphill climb. House Majority Leader Steny Hoyer told The Washington Post: “I think there is spending fatigue.” “Bailout fatigue” is more like it. And the President’s envisioned spending spree is full of both.

The Government Union Bailout: $23 billion of the President’s additional $50 billion... http://blog.heritage.org/2010/06/14/morning-bell-the-government-bailouts...