The House passed the Gephardt rule and essentially says they will not take two votes on every fiscal matter. Not a fiscal panacea but some return to adult behavior.
The national debt is typically only a concern for the party out of power, if at all. In such a case it is a convenient foil to majority’s plan to increase spending or raise taxes.Continue reading National Debt Discussion
I enjoyed watching this hearing on the national debt and the economy from the House Financial Services Committee and decided it would be a good thing to post.
A summary of the discussions from my weekly appearance on the Jarrod Thomas Show (@jtknoxradio). The two main themes were evaluating local area economic performance and retail trade.