Monday, April 04, 2011

Only Yesterday

Not exactly yesterday, but ....

Quick quiz: what was the last time the US 'debt ceiling' was raised?

Answer: Jan. 28, 2010

And what were the conditions "extracted" by Conservatives?

...after adopting a pay/go amendment requiring any mandatory spending increases or tax cuts to be offset.

That worked so well that Boehner & Co. will try it again.

HT: Vox
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1 comment:

J. Strupp said...

The GOP is fundamentally incapable of offsetting the revenue shortfall created by cutting taxes. Why even waste the time putting it writing?

4/04/2011 2:22 PM

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