Sunday, February 14, 2010

Voinovich: "deficit hawk"?

What's up with George Voinovich? Now that he's a voluntary lame duck, he's suddenly found his true inner distaste for deficits? Where were these principles when they could have made a difference?

Few Senators are greater hypocrites than Voinovich. The Obama administration is responsible for about 10% of the current deficit, mostly through its efforts to stimulate demand via government spending. The economic downturn had already accounted for more. But the biggest contributors to the deficit, by far, are the two Bush tax cuts, the unfunded Medicare drug plan, and the wars in Iraq and Afghanistan, which were funded outside the budget process. Voinovich voted for all of these without complaint, and voted against provisions to make them more affordable, such as an amendment that would have allowed Medicare to negotiate prescription drug prices with pharmaceutical companies.

Voinovich is only concerned about deficits when Democrats are in power and spending to increase the social safety net.