Watch the video, read the article, you will be as crazed as I peterpam................. It’s worth noting just what McConnell is asking the American people to choke down. Senate Republicans’ so-called “balanced budget amendment” does far more than simply requiring federal spending to equal federal revenues. It makes it functionally impossible to raise taxes by imposing a two-thirds supermajority requirement — a provision closely modeled after the California anti-tax amendment that blew up that state’s finances. It would also require spending cuts so steep that it would have made Ronald Reagan’s fiscal policy unconstitutional. Ezra Klein rightfully labeled this plan the “worst idea in Washington.”
Posted on: Wed, 03 Jul 2013 12:14:20 +0000
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