I am wondering if this isn't for some kind of political cover. They can say, see, we're serious, we proposed a balanced budget amendment to help us out. But, gee, it didn't pass, so we can't do it now...
If that's their gambit, then, well, it's just one more thing I'm getting very, very tired of. We sent these people there in 2010 to do a job. What'd they get out of the compromise CR, something like $20 billion in cuts? Peanuts compared to deficits in the trillions. Now they're talking about $2-$3 trillion reduction over 10 years on the debt ceiling compromise? Its a start, I guess, but it only solves 10-15% of the problem.