I was excited when I saw that S. 1808 had been introduced. The description given to it by its author was that it would “control Federal spending now,” and its short title is the “Control Spending Now Act.”

To think, spending would come under control—NOW!

But I waited to see the text of the bill, because anything that controlled federal spending now would be a big change. Spending is soaring, and Congress seems to be too busy working on health care legislation to manage how it’s going to spend money in fiscal year 2010, which started about a month ago.

So, does S. 1808 control federal spending NOW? . . .

Would you settle for soon?

The bill attacks earmarks, tries to recreate a line-item veto, restores “pay-as-you-go” requirements (meaning new spending has to be funded somehow), changes the budget process, and goes after corporate welfare, subsidies, and stuff.

Sounds good! Passage of this bill would control federal spending soon! Hopefully!

Here’s the current vote on S. 1808, the Control Spending Now Act. Click to vote, comment, learn more, or edit the wiki article about the bill.