Wednesday, July 20, 2011

No Gimmicks: Just. Cut. Spending.

"Republicans in Washington are gamely trying to prevent the debt ceiling debate from spinning out of control and becoming a defeat for the party. Currently there are two large-scale efforts on the table to resolve the immediate debt crisis. The first is the still-amorphous Gang of Six plan. It is nearly always wise to be wary of proposals negotiated behind closed doors by bipartisan groups of Senators; the Gang of Six plan, which exists only in outline form, appears to be no exception."
[Power Line]

This article describes The Good, The Bad, & The Ugly of the "Gang of Six " plan. [clipper]

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