Better Late Than Never

President Bush has issued an Executive Order directing all Federal agencies to ignore any spending earmarks that are not explicitly voted on and made law by Congress:

The White House - January 28th, 2008

This will effectively end the common practice of concealing earmarks in so-called report language instead of placing them in the actual text of the bill. This means earmarks will be subject to votes, which will better expose them to the light of day and help constrain excessive and unjustified spending.

This is good news for both parties, and certainly for the taxpayers.

And, because everything needs to be viewed through the prism of primary politics these days, one has to imagine this will help Senator McCain, who has "owned" the issue of fiscal restraint.

ť January 28th, 2008

posted @ 02:43 PM in Economy

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