…in the hopes of finding $556,000,000,000 under it the next day.
No, it’s a legitimate analogy. The National Journal has looked over the President’s proposed transportation bill (public link), and noted this (subscription only):
Obama wants $53 billion over six years for a high-speed rail program, $8 billion in fiscal year 2012, and he wants $50 billion this year to jump-start large infrastructure projects. The administration is proposing $336 billion over six years for roads and bridges, a 48 percent increase from the previous authorization. It wants $30 billion for an “infrastructure bank” to select and fund large projects on a competitive basis.
Where does the money come from? [Transportation Secretary Ray] LaHood deflected that query. “We’ll work with Congress on this, on the pay-for,” he said.
In other words, they don’t know where the money will come from. Continue reading Obama leaves unfunded transportation mandate under pillow…