PORKBUSTERS UPDATE:

Republican leaders left behind just enough spending authority to keep the government operating through mid-February, less than halfway through the 2007 fiscal year that began Oct. 1. Democrats have signaled that when they take control of Congress in January they will extend that funding authority for the remainder of the year based largely on the previous year’s spending levels, which will result in many cuts in programs.

The Democrats also will do something that is certain to anger many lawmakers but cheer critics of excessive government spending: They will wipe out thousands of lawmakers’ pet projects, or earmarks, that have been a source of great controversy on Capitol Hill. In the past, lawmakers have peppered individual spending bills with earmarks benefiting special interests. But the funding resolution the Democrats intend to pass in lieu of spending bills will be devoid of earmarks.

Sounds good to me! It’s early yet, but the Democrats are looking good so far.