Government contractors are preparing for additional oversight, tighter regulations and responsibility rules, and perhaps even a downturn in the size of future contracts due to the Democrats takeover of Congress in 2007, according to The Washington Post.

The Center for American Progress points out that President Bush is responsible for perhaps the most expensive jobs program ever: Based on the administration’s estimate that its tax cuts should be credited for creating approximately one-quarter of all new jobs...we can attribute 1.3 million jobs out of the 5.0 million newly created jobs since the start of the recovery in late 2001 to the White House’s tax cuts...According to estimates by the Congressional Joint Committee on Taxation, the tax cuts during the same time period totaled $1.1 trillion.

Same Old Congress, Same Old Budgetary Gridlock: Long-Term CR Likely in December Threat of Estate Tax Rollback Finished for 2006

Congressional Quarterly ($) reports today that GOP leaders have decided to enact a long-term continuing resolution when they return to session in December, effectively pushing off their failed budget work onto the new Democratic Congress in 2007. Incoming Senate Majority Leader Harry Reid's spokesman, tacitly acknowledging the amount of homework heaped on Democrats' desks, said,