[quote=Mark Holmes]Well, I think their point is that much of the new spending enacted in the last ten years simply adds to deficit spending with no plans for how to actually pay for it.
So we’re paying for it, not our children and grandchildren. It may not make us happy (I’m no fan of the current health care bill) but at least we’re not asking for ensuing generations to foot the bill.[/quote]

Nailed it.

Six years ago..
[quote]it was standard practice not to pay for things.[/quote]

So says Republican Senator Orrin Hatch.

http://abcnews.go.com/Business/wireStory?id=9423266

Tis better to brag about spending money with no apparent means to pay for it, or spending money and creating means to pay for it?

Which one of those helped to create the financial crisis?