Wednesday, January 9, 2013

The Fiscal Facts of Life

Having completed yet another deficit-reduction agreement that somehow managed to increase the deficit, Congress and the Obama administration are now laying the groundwork for upcoming fights over the debt ceiling, the sequester, and the continuing resolution that will fund the government given continued refusal by Senate Democrats to pass a budget. 
But before sitting down to negotiate another deal that will kick the problem down the road, perhaps our legislators could use a refresher course on the fiscal facts of life.

Read more: http://www.nationalreview.com/articles/337215/fiscal-facts-life-michael-tanner

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