an effort to create searchable online databases for government expenditures
a tool to highlight the hypocrisy of tax hikers
Constitutional or statutory requirement to rein in growth of revenues end expenditures
a commitment made by elected officials and candidates for elected office never to raise taxes
Raising the bar for tax increases
Requiring a cool-off period for all bills with a fiscal impact
pork-barrel spending - the broken windows of the budget
Yesterday saw the first meeting of President Obama's debt panel. ATR and CFA have long warned that it is unlikely anything good will come out of the commission's deliberations from a taxpayer standpoint. And, lo and behold, the first meeting seems to only confirm our concerns.
During yesterday's meeting, the Democratic members of the President's commission, modeled after the Conrad-Gregg commission proposal we have been warning against for months, had little to provide other than the often repeated mantra that "everything has to be on the table:" J.P. Freire at the Washington Examiner quotes Congressman Jeb Hensarling (R-Texas):
“I don’t know,” Rep. Jeb Hensarling, R-Texas, responded to a question from the Examiner. “If you’re saying what spending reductions are Democrats looking at, I don’t know.” He has not heard any discussion of restraint on spending from Democratic members of the National Commission on Fiscal Responsibility and Reform, even though he has frequently heard the refrain “everything is on the table.”

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