Thursday, April 05, 2007

Did You Know - Democrats Craft Budget

The Democrats are crafting a new policy in Washington, D.C. - pay as you go. This is in stark contrast to the Republican budgetary policy - borrow and bankrupt.

The following is from the Philadelpia Intelligencer - click here to read the entire article...


The most significant step has been Democrats' adherence to balanced-budget rules, a needed concept that was abandoned during the years of Republican control. The so-called "pay-go" rules require Congress to behave as any sensible household does: Income (or revenue) must match up with expenses. If Congress cuts taxes, it must cut spending by the same amount or increase another tax.

No comments: