DYSPEPSIA GENERATION

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Last summer, as part of the agreement that resulted in raising the federal government’s debt limit, Congress passed the Budget Control Act, which set spending caps for future years. These spending caps represented “cuts” in the Washington sense; that is, spending was allowed to increase, but not as fast as might otherwise have been projected. When it has suited their purposes, the Democrats have been champions of the Budget Control Act. Thus when House Republicans adopted a budget that would have spent less than the maximums under the BCA, Democrats alleged that the budget “violated” the Act. They thus turned the Budget Control Act on its head, pretending that the maximum spending levels agreed on in the Act–caps–were actually minimums.

This entry was posted on Tuesday, April 24th, 2012 at 05:29 and is filed under Your tax dollars at work - and play.. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.