Now that the president is preparing to sign the newly and quickly passed legislation to hopefully prevent more funny bookkeeping, perhaps Congress can also take a good look into their own mirror and work a similar miracle for their own house.
Do away with “off budget” items for which they must have money but for which there is no room in the budget. (We haven’t figured out how to do that in our house. The folks we owe money to expect us to pay them.)
Do away with subsidies to farmers and steel companies in order to get some votes in November. It doesn’t seem to matter that those subsidies will increase the cost of goods to those who buy them.
Do away with the tax reductions in the out years that have yet to be implemented, since we now are admittedly in a deficit spending mode and those projected surpluses from a couple of years back have disappeared.
Do away with the tax reductions now in effect if the foregoing is still not enough to bring the budget into balance.
In short, lay on similar rules to those now being imposed on business so the public will not be misled when reading and trying to understand our business – how our taxes are being spent!
We have a couple of months until November. That’s a bit longer than it took to work this first bipartisan legislation. The folks in Congress could really have something to write home about if they could pull this off.
Mill Creek
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