The Senate's Hypocrisy
5th Sep 2005, 13:37 GMT
CONGRESS IS spitting fire about China's allegedly unfair trade practices, which it blames for the enormous U.S. trade deficit. But that deficit is as much a reflection of Congress's habit of spending more than it raises in taxes, which contributes to the dearth of national savings. For the latest example of shameless congressional pork, consider a bill recently marked up in the Senate to lavish at least $10 billion on the Army Corps of Engineers.