Pay-Go Turnstile:
Yesterday, I wrote about Jim “Man a La Mancha” Bunning’s attempt to enforce the Pay-Go rules of the Senate and his failure. Last night, the US Senate voted 60-37 to waive the Budget Act (Pay-Go) rules for the tax extenders amendment and add almost another $100 billion on to the US deficit. While even Greece appears to be addressing its overspending ways, the US Congress continues to pour it on. The train wreck gathers speed.
Tags: Budget Act, Jim Bunning, Pay-Go, US Senate