Democratic leaders in the new Congress plan to strip funding for thousands of pet projects for individual members, a big display of fiscal discipline they say will help cut deficits and curb spending abuses. As soon as they take control on Jan. 4, Democrats plan to impose a one-year moratorium on all special projects, known as earmarks, effectively killing those that were tucked into unfinished spending bills by the Republican-led Congress.
Now if they will only learn to balance the budget.
