White House release:
Neither setting arbitrary spending levels nor amending the Constitution is necessary to restore fiscal responsibility. . . . H. R. 2560 sets out a false and unacceptable choice between the Federal Government defaulting on its obligations now or, alternatively, passing a Balanced Budget Amendment that, in the years ahead, will likely leave the Nation unable to meet its core commitment of ensuring dignity in retirement
See, that's a compromise!!!
HT: Grim
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