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September 26, 2008

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Where is the $50 billion going to come from?

Of course, that's the big question for all our federal spending, Cameron, from aid to the states to military spending to Social Security. But let's bear in mind that the current annual US budget is $3 trillion+ and that we are spending about $12 billion a month in Iraq.

Isn't it time for a little nation building at home, especially at a time when state and local governments are hurting?

I just think the difference is striking: one government entity finds itself short on revenue and adjusts so as not to be fiscally irresponsible. Another government entity finds itself waaaaay short on revenue and pledges to give away even more. Even more odd is that it's the latter, not the former, that is getting praised here.

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