It's hard to see the committee agreeing when one side is locked into some revenues and the other into none. My prediction is the trigger gets pulled (caps on discretionary) and then they diddle the caps into something somewhat less onerous (but still contractionary). And there will be less harm to defense than has been advertised by the Dems, big surprise there.
On Wed, Aug 17, 2011 at 6:48 PM, michael perelman < [email protected]> wrote: > Is there any control to stop the committee to include extraneous > policy in the name of cutting the debt? Perhaps abolishing minimum > wages or abortion or anything else that would supposedly reduce the > debt/deficit? Could it include Obama/Bush's free trade deals? > > -- > Michael Perelman > Economics Department > California State University > Chico, CA > 95929 > > 530 898 5321 > fax 530 898 5901 > http://michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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