Fed Spending Up 40 Percent Under Bush

Newsmax reports:

Federal spending in fiscal year 2006 increased by a whopping 9 percent — the largest rise since 1990 — and has risen more than 40 percent since President Bush took office.

The most recent rise far outpaces inflation — the Consumer Price Index is up only 1.3 percent in the past 12 months.

"The greatest scandal in Washington, D.C., is runaway federal spending,” Rep. Mike Pence, R-Ind., said after the midterm elections.

In recent years, he points out, the GOP majority "voted to expand the federal government’s role in education, [added new] entitlements, and pursued spending policies that created deficits and national debt.”

The Republicans’ defeat in the elections shows that the outgoing GOP Congress’ attempts "to buy our votes” failed, according to Ed Feulner, president of the Heritage Foundation.

No word yet from Keynesian style economists, like Paul Krugman,on when it's ever appropriate to cut spending.