Any debt bill must originate in the House.

So now what?

On Jul 27, 6:58 pm, MJ <[email protected]> wrote:
> Boehner Plan Doesn’t Cut SpendingChris Edwards • July 27, 2011 @ 12:05 pm
> House Speaker John Boehner is scrambling to revise his budget plan after the 
> CBO found that it would only cut spending by $850 billion, not the $1.2 
> trillion promised.
> However, the Boehner plan doesn’t actually cut spending at all. The chart 
> shows the discretionary spending caps in the Boehner plan. Spending increases 
> every yearfrom $1.043 trillion in 2012 to $1,234 trillion in 2021. (This 
> category of spending excludes the costs of wars in Iraq and Afghanistan).
> The “cuts” in the Boehner plan are only cuts from the CBO baseline, which is 
> an imaginary path of future spending designed as a planning tool for 
> Congress. Boehner can propose to spend any amount in any future year he 
> wants, and in this plan he choose to have a steadily rising spending path.
> The Boehner plan also doesn’t cut spending in a more fundamental way. It 
> doesn’t lay out any particular programs or agencies to terminate. I’m in 
> favor of spending caps as a secondary enforcement mechanism, but actual cuts 
> have to come first. A caps-only plan like Boehner’s just kicks the can down 
> the road. At best, it simply nudges future legislators to actually cut 
> something specific.
> Why doesn’t the House leadership propose real cuts? They’ve certainly got the 
> resources and expertise to do the job. A single senator Tom Coburn produced a 
> 620-page report last week detailing hundreds of programs to cut and 
> terminate. Coburn and his staff read through thousands of articles and 
> reports on the real-world performance of federal programs, and they made a 
> good case for each particular cut they proposed.
> Republican leaders can’t hide behind baselines forever. If they really want a 
> smaller government as they keep claiming, they’ve got to target particular 
> programs and agencies and begin a national debate about terminating 
> them.http://www.cato-at-liberty.org/boehner-plan-doesnt-cut-spending/

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