VK said the following...
"But what I like even better is the reinstitution of the 1990 Pay Go legislation. That basically requires Congress to demonstrate full funding of any and all spending legislation, essentially requiring a budget with no annual deficit, just like the states. Any legislator that runs on that combination of fiscal reforms would have my vote."
Thought you might be interested in this editorial on that subject...
"When a White House statement refers to a "bedrock principle," it means something slushy and soft and not really a principle at all, but a gimmick, still one more fraud to fool the public, a joke of the kind that must keep presidential aides rolling on the floor in laughter at all the fools who cheer them on.
The "principle" referred to was what would bind Congress if it passed a pay-as-you go law: It could then "only spend a dollar if it saves a dollar elsewhere." But when the legislation actually became law and Sen. Jim Bunning of Kentucky tried to have Congress observe its provisions, the Democrats were outraged and Vice President Joe Biden portrayed the Republican in one reported interview as inhumane.
"We are faced with calamity, and the Obama administration plays games with words while Congress cannot even offset new benefits with a $10 billion savings?
It's time to start worrying, fellow Americans. Really worrying."
http://www.realclearpolitics.com/art...ud_104662.html