House Republicans all set to vote today on one steaming pile of …
November 18, 2011
House Republicans all set to vote today on one steaming pile of …
… economic-sabotaging, Medicare/Medicaid/SCHIP/Social Security disemboweling, 15 million job-erasing, unemployment rate-doubling, millionaire tax break/big oil subsidy/Corporate loophole enshrining garbage that makes the Draconian, Medicare ending Paul Ryan budget look like a day at the beach.
A.K.A. the “Balanced Budget Amendment.” A.K.A. “The worst idea in Washington”
SEE:
- Center on Budget and Policy Priorities: ‘Balanced Budget Amendment Would Require More Extreme Cuts Than Ryan Plan’
- Think Progress, Nov. 9: ‘Study: GOP’s Balanced Budget Amendment Would Double Unemployment Rate, Put 15 Million Out Of Work’
- Center on Budget and Policy Priorities: [T]he constitutional amendment … requires supermajority votes of two-thirds of both the House and Senate to raise any taxes, which would make it virtually impossible to raise revenue. (The supermajority requirement would apply even to raising revenues by closing tax loopholes.)
- Mother Jones, Nov 15: ‘Former GOP Budget Official Says Balanced Budget Amendment Is A Terrible Idea’
- CBPP: ‘A Constitutional Balanced Budget Amendment Threatens Great Economic Damage’
No wonder ‘Half of Americans believe GOP is sabotaging Obama’s jobs policies for political reasons’