Send Congress home
2011-05-27 20:29:56.17961+02 by Dan Lyke 0 comments
Ezra Klein: What happens if congress goes home?:
Our belief that we have a long-run deficit problem is based upon the belief that congress will pass laws that increase spending and that cut taxes--that it will repeal the Independent Payment Authorization Boards authority to try to make Medicare more efficient, that it will repeal the Affordable Care Acts tax on high-cost health plans. Given that the fear is based on a belief that some future congress will bust the budget, it is hard to see how we can address this fear through any possible piece of legislation today--for no congress can bind its successors.