Money may not grow on trees, but Congressional Democrat programs sure pop up faster then weeds in an abandoned HUD neighborhood.

From Zero Hedge: (Hat Tip: The Mark Levin Show)

In case one is wondering why the House Democrats attached a document to the emergency war supplemental bill that “deemed as passed” a non-existent $1.12 trillion budget, which basically allows the ruling party to start spending money for Fiscal Year 2011 without the constraint of an actual budget, here is the answer: on June 30, the US closed the books with just over $13.2 trillion in total debt, an increase of $210 billion in one month, or $2.5 trillion annualized. There is just $1.1 trillion left on the ceiling.

So, with just $1.1 trillion left in the ceiling, which of course will have to spent on “Porkulous II” or whatever they want to name newest SEIU Funding Extortion scheme They will then claim that more “emergency” spending will be needed for “critical” government functions and proceed to raise the debt ceiling once more.

As it stands, the debt-to-GDP ratio is already flirting with the 90% level, which is historically the Tipping Point for government default. Greece and Spain were just warm-ups for the real main attraction.

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