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home : blogsold : general news and politics September 30, 2016

General News and Politics
By Jim Barber, Camp Verde, Arizona
Current news and political discussion
Wednesday, October 16, 2013

UNSUSTAINABLE

 The Barber Shop

The Obama administration insists Congress pass a debt-limit increase "...without any conditions." Under the current system, Congress first commits our taxes and then figures out how to pay. American families have to first know how much money they have and then adjust their spending to accommodate their lifestyle. Under Congress's system, they don't have to justify increases in spending because there isn't a system of priorities and a limit on what's available. Instead, they just continue what the CBO says is "unsustainable borrowing." The unintended consequence will force cuts in critical areas like education. This dynamic has to change.




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