Posted on 01/21/2010 9:43:22 AM PST by ColdOne
After much congressional handwringing over what budget process reform to attach to a must-pass increase in the debt ceiling, support for the legislative proposal crafted by Senate Budget Committee leaders Kent Conrad (D-ND) and Judd Gregg (R-NH) has crumbled. It fell apart as many members recognized two political facts of life. One is that it would inevitably lead to tax increases. The other, reinforced by the Massachusetts election, is that Americans are in no mood for a back-room, members-only commission that rushes its plan through Congress just after the November election.
(Excerpt) Read more at blog.heritage.org ...
A commission is Death to this stupid Bill. That is how they get rid of problems and make it go away. Bring on the commission. It signals defeat and allows some face saving.
Lame Duck Czar?
A $1.2Trillion increase in the debt ceiling is a "must pass?" Hardly.
Kill the balance of the Zero Slush Fund known as TARP. Place ever penny of returned TARP money to reducing the debt, as originally proscribed by law. Declare a government wide hiring freeze.
Sheesh.
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