MaggieMae
Reality bits
- Apr 3, 2009
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hummm...spending to what we are taking in is still very high, the issue is we have baselined our way into a hole becasue of the ongoing prgms that eat up dollars year to year.
yes that drop in revenue is killing us, but, even then, we need to do some heavy editing of prgms etc. that just take on a life of their own. and yes its not a 1 party problem, never has been.
the fact is we have a revolving door of allocators that come and og in congress and wh, thats why we have to cut into the 2012 and 13 budgets, I don't trust this out year cut plan, so much as the immediate cuts, because congress can change and poof, there it goes right out the door.
that is why we need the BB amend. yes I know there are some drawbacks, but we are heading for a cliff Cuyo, we have to stop them, any which way we can and not just for the next 2 years but down the road.
I also think a balanced budget amendment is a good idea. At least it would be a jumping off point. But it CAN'T be part of the current debate over raising the debt limit. A Constitutional Amendment would take months, probably more like years, to get through, and as you say, it could all go up in smoke with a changing of the guard. It's something that should be done by resolution, and within the year taken up (and followed through on) by Congress, regardless how the balance of power falls).
A balanced budget amendment is a terrible idea.
It would be difficult, for sure. There's bound to be a conflict with the USSC ruling outlawing line item veto. How else does a government balance a budget?