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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (47920)3/3/2011 7:18:15 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
A bipartisan group of senators is considering legislation that would trigger new taxes and budget cuts if Congress fails to meet a set of mandatory spending targets and other fiscal goals aimed at reducing federal deficits.

If your going to have mandatory fiscal changes if congress doesn't meet targets then have mandatory budget cuts instead. Spending increases are a problem even if new taxes paid for every new penny of spending.