We apparently now have elected Czars to oversee future budgetary issues?<\/p>\n
There is NO budget I can find, but The Pampered Princes on the Potomac have established a Super Committee to oversee our financial future?<\/p>\n
One view is here.\u00a0 <\/a><\/p>\n Even before the package to raise the debt limit was approved by Congress, Republicans and Democrats were arguing about the contours of its deficit- reduction committee.<\/p><\/blockquote>\n This is actually the most optimistic view I’ve managed to find.<\/p>\n The key problem lies with the enforcement mechanisms, or “triggers,” created to compel the committee members to reach an agreement. While Republicans wouldn’t agree to a tax-hike trigger, they did agree to one that would slash defense spending by up to $600 billion, depending on how far short the committee falls of the deficit-reduction goal. This puts anti-tax Republicans who favor a robust military in a bind.<\/p>\n Democrats on the committee could insist on raising taxes, and Republicans will either have to give in to their tax demands or accept the deep defense cuts.<\/p><\/blockquote>\n As usual, YMMV, I tend to believe that the military and veterans will get screwed. But far more importantly is what will become of our country.<\/p>\n