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Tuesday, November 10, 2009


Leave It To Congress: Politicians Want To From Bi-Partisan Committee To Study Deficit Reduction

When most of us are faced with deficits in our household or business we cut spending.  And we don’t call it “deficit reduction” we call it “cutting spending.”

But that’s just not how things are done in Congress.  In Congress they don’t start getting worried about deficits until they’re in the trillions.  And even then they don’t, you know, cut spending.  They form a bi-partisan committee to study “deficit reduction.”

Which more than likely means our taxes are going up.

Lawmakers looking to stem the flow of red ink are trying to harness growing concerns over the $1.4 trillion budget deficit to pass legislation establishing a bipartisan commission to force Congress to address the fiscal imbalance.

“It is just clear to me that the regular process cannot deal with a debt burden of this proportion,” Senate Budget Committee Chairman Kent Conrad, D-N.D., said Monday.

Conrad said about 11 senators met with Majority Leader Harry Reid, D-Nev., on Friday, where they said they would not support an increase in the debt limit without legislation forming a bipartisan debt reduction commission.

Wow.  Senator Conrad has really drawn the line in the sand with that one.  He won’t approve a bill allowing the government to run up even more debt without also forming a committee to study the problem.

Pathetic.

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