Tuesday, October 20, 2009

Congress' Imaginary Savings

Peter Suderman at Reason Online has a good article about the myth that the Democrats' proposals are "deficit neutral." Right now they're pushing a "fix" for Medicare -- $240 billion! -- and since it isn't part of the health care proposal, they can keep their claim.

Something is rotten in Denmark.

Suderman says, "As legislative scams go, it's pretty obvious — pass a bill on the promise of future savings, then 'fix' those savings later when they prove unpopular."

In the end, it comes down to the fact that government cannot spend wisely. And when it needs more money, Congress votes for more money. No efficiencies ever arise, no savings ever appear.

You can find the original article here.

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