To spend without budgeting, Hoyer and company want to use a House rules procedure known as “deem and pass.” “Deem and pass,” you may remember, is the dodgy parliamentary tactic leftover from the health-care debate, where a resolution can effectively pass — via a vote on the rules for the debate — without being subject to a direct, final vote. As The Hill points out, the Democrats’ “deeming” strategy merely endorses “the goals of the president’s fiscal commission” while reiterating “the commitment to vote on its recommendations after the midterm elections.”
Without a budget, “Americans will not know the consequences of the spending spree,” Ryan says. “They won’t know what the tradeoffs down the road will be. They won’t see how this will make us borrow more money overseas, how it will push up interest rates, how it will lead to inflation problems, and how it will demand much, much higher taxes in the future.”
Read on.
It's another shameless, pork-filled end run around the American people, beggaring us and our children with little to show for it in the way of jobs and a healthy economy.
Remember in November.
More. Ryan on reform. The Hill. His Roadmap here.
Via RCP. Wall Street Reform Hits Main Street - Thomas Donohue, Politico
Obama & the "Experts" Are Wrong on Spending - Shawn Tully, Fortune
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