Kuros
Rookie
- Banned
- #1
The debt ceiling is tearing our country apart. It also allows Congress to contradict itself: Congress may approve a budget that exceeds the current debt limit, and then vote against its own budget.
There has got to be a better way. There is. It is called SAVEGO.
A Better Way out of the Stalemate
There has got to be a better way. There is. It is called SAVEGO.
A Better Way out of the Stalemate
Robert Bixby of the Concord Coalition said:Looking ahead, the key issue is not the nominal level of debt but whether the debt is sustainable. That depends on the underlying policies that produce the debt. Because the policies now in place will produce unsustainable debt, the most important attachment to the debt limit vote, absent a big deal, would be a framework for enacting more sustainable policies. This should include fiscal targets and automatic triggers to ensure that the goals are reached. The Bipartisan Policy Centers Save-As-You-Go proposal (SAVEGO) is an excellent model.