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Cracker Squire

THE MUSINGS OF A TRADITIONAL SOUTHERN DEMOCRAT

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Location: Douglas, Coffee Co., The Other Georgia, United States

Sid in his law office where he sits when meeting with clients. Observant eyes will notice the statuette of one of Sid's favorite Democrats.

Tuesday, November 21, 2006

Fiscal battle lines drawn

From The Hill:

As partisan wrangling over spending priorities dominates the Senate’s lame-duck session, the battle lines are forming for next year’s Democratic effort to reinstate pay-as-you-go budget rules that Republicans decry as a back-door tax increase.

Democratic leaders vowed even before their decisive Election Day victories to demonstrate their commitment to fiscal responsibility by restoring the pay-as-you-go statute, also known as pay-go, should they win back the majority. Pay-go under law, which expired in 2002, required any new mandatory spending or tax breaks to be offset or risk automatic across-the-board spending cuts.

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