GOP budget hawks chicken out early

By: Joe Scarborough
Politico.com
December 14, 2010

Well, that didn't take long.

Less than a month after handing the president a shellacking, Republicans who ran against Obama's fiscal recklessness added another trillion dollars to America's debt.

Even before being sworn in to start the 112th Congress, the GOP has become a co-conspirator in what Charles Krauthammer is calling the "swindle of the year"—a scheme that will "pump a trillion borrowed Chinese dollars into the U.S. economy over the next two years."

It seems that the Pulitzer Prize winning columnist is one of the few conservatives left in Washington to give a damn about America's deficit crisis. He is certainly the only columnist who understands what we have been saying on "Morning Joe" for a week: that Barack Obama is about to pass another reckless stimulus bill. But this time, the same GOP leaders who once vilified the president as a socialist will be his closest allies.

Krauthammer dismisses Obama's "newest free lunch" as little more than a second stimulus package that will "blow another $1 trillion hole in the budget."

(More here.)