Last Thursday in a speech at The Heritage Foundation, Sen. Jim DeMint (R-SC) unveiled his “American Option” alternative to President Barack Obama’s Trillion Dollar Debt Plan. From DeMint’s speech: The Democrat bill takes money–actually, it bor­rows money–and decides where it should go. It does virtually nothing to stimulate the economy while it wastes billions of taxpayer dollars. It’s a hodge-podge of long-supported pet projects that the normal budget process would have thrown out. Using the troubled economy as their motive, Dem­ocrats have opened the floodgates for all sorts of outrageous … More