Monday, July 11, 2011

Train Wreck in Washington: Debt Ceiling Talks Continue


     Our nation's debt has been a big topic of conversation in Washington lately. While both the Democrats and Republicans have made suggestions, neither side has made any significant movement towards a compromise.
     Today, an editorial was published in The Washington Times discussing the continued debt debate going on in DC.  It's author Emily Miller appears knowledgeable in the subject matter but does lean more towards the right in her view points. It also would have been helpful for her to elaborate on some points, as I had to look up information while I was reading to fully understand what she was trying to say.  Not many sources were listed for points she made in the article..
      One of the biggest points made in the editorial is that both parties seem to be looking out for themselves versus the American citizens they are working for. Many of the proposed changes would take place over the next decade and would not provide immediate debt relief. It appears that politicians in both parties are hesitant to pass legislation which would result in substantial tax increases or spending cuts in the short term due to the possibility voter backlash. Miller mentions proposed changes such as a tax increase for people whose income is above $250,000, as well as unspecified spending cuts over the next 10 years; both of these could result in unhappy constituents. There have also been what Miller calls  "illusory cuts" which are unsubstantial and will not truly make an impact on our current debt crisis.
     Miller believes that if this type of progress continues, Congress will be forced to attempt to pass a last minute deal that will be a "hard sell with the American public" as it will likely brush over important issues. I am not particularly knowledgeable in this area of politics, but it does appear that both sides are avoiding making large, present day changes to the budget in order to avoid unsatisfied constituents. We are in crisis and something needs to be done. In order to properly serve the public, politicians should consider what our country needs versus the next election.

Some information found here.
       

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