In cliffhanger classic style this afternoon, the Senate rejected an amendment to the '07 budget framework which would have restored the "pay-as-you-go" requirements set aside in 2002. Had the amendment passed, any all tax cuts through 2011 would have had to be offset with decreases in spending, rather than resulting in increased deficit spending.
All 44 Democrats and Independent Jim Jeffords voted for the amendment, offered by Senator Kent Conrad (D-ND). Four Republicans (Chafee, McCain, Snowe, Voinovich) joined them. The amendment failed 50-50.
Where is the fiscal sanity? Where is the spending discipline? Fifty Republican senators should be ashamed of themselves.
[Update: I can't count (I must have learned using Bush Administration math or something). It was five Republicans who stood for fiscal sanity: the fifth was Susan Collins, also of Maine.]