Monday, November 21, 2011

Freedom's Lighthouse � Congressional Super-Committee Expected to Announce Debt-Deal Failure Today – 11/21/11

Freedom's Lighthouse � Congressional Super-Committee Expected to Announce Debt-Deal Failure Today – 11/21/11:
This is why it will take a Republican President, and a Republican House and Senate to ever really tackle this mess. Democrats owe their existence to the giveaways, and they are not going to agree to stop passing out the candy. Their voting base demands the giveaways, and it is political suicide for them to cut spending in any significant way.

For Republicans to ever deal with the problem, they will have to be constrained by a Balanced Budget Amendment to the U.S. Constitution. If they don’t have to cut spending significantly – they won’t either.