Actually, There Were No Deficits For About Ten Years
In 1991, during the Bush 41 administration, Congress passed a bill called Pay-Go. It required that any new spending bill have a comparable amount of cost reductions so that the net effect of the new legislation would be a "zero" impact on the federal deficit.
That worked fine until the ten-year time limit for Pay-Go expired in 2001. Very quietly, both Congress and the newly-elected President let Pay-Go "sunset".
From that point forward, it's been Katy-Bar-The Door as far a government spending is concerned. Actually, as each year passed, the deficits actually increased. Congress was emboldened by the removal of any constraint on spending.
Forget party affiliations -- get rid of the Congress! Particularly get rid of every member of the House of Representatives. They and they alone have authority over spending and taxation--not the President and not the Senate. It's the 435 members of the House that have to go if we are to correct our fiscal woes.
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