Just a sample of what the next 2-4 years will look like under unchecked Democratic control. Barney Frank is telling the GOP that it can agree to a new, more expensive stimulus package now, or watch as Democrats pass it later.

Liberal-leaning economists made the case for several new and expensive spending programs as a House panel on Friday pressed the Democratic case for legislation to try again to jump-start the sagging economy.

Even though Congress is in recess, Democrats have held several hearings this week to make the case for a $150 billion or more economic stimulus measure to follow the $700 billion bank rescue passed three weeks ago. A round of tax rebates and business tax breaks passed in February was credited with giving the economy a modest boost over the summer, but fears of a protracted recession after the credit crisis have Democrats promising more. …

If Republicans continue to resist, said Rep. Barney Frank, D-Mass., Democrats are likely to rejoin the issue in January, when they expect party standard bearer Barack Obama to take the oath of office as president.

“There’s no question the House will pass … a much bigger (stimulus plan) than we passed before,” Frank said of a postelection lame duck session. “If enough Republicans in the Senate decide to filibuster it … then we’ll just wait until January.”

Honestly, if I were a Republican strategist looking to make a comeback in 2 years, I’d let the Dems do it by themselves in January. Then you can point to it as an example of their out-of-control spending in 2010. Don’t take any of the blame for it yourself, GOP.

So, how does Frank intend to pay for the new spending? A 25% cut in defense spending during a time of war. Oh, and “eventually” raising taxes. Don’t be fooled by Obama and his moderate image. He and Congressional Democrats will raise taxes and increase spending on entitlement programs, while decreasing spending on defense. It’s classic liberal government.