While the U.S. Senate, for the first time in years, has adopted a
budget, it includes $1 trillion in new taxes, adding to the record
deficit.
The budget also doesn’t align with a House plan that spends hundreds
of billions of dollars less. Both, however, project spending more than
the government receives far into the future.
But even so, frogs, Uganda and pine cone projects apparently are so
important to the Obama administration that it’s worth borrowing money
and paying interest to fund them.
