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Senate leaders have reached an agreement on a two-year budget deal. The deal would raise the budget caps that were established by the Budget Control Act in 2011 by almost $300 billion over the next two years. It would also fund the government for the next month while the appropriations committee decides where to direct the money. Chuck Schumer (D., N.Y.) says the deal is a “genuine breakthrough,†and Republican leadership appears to agree.But this is a bad deal. It is a bad deal because it hikes domestic spending. It is a bad deal, as well, because it may end the chance for a conservative legislative achievement in 2018 . . .. . . [W]e are skeptical that the deal will include any meaningful budget offsets. Budget-caps agreements in the past have come with offsets that tend to manifest as accounting gimmicks rather than actual spending cuts. Even small changes in the future growth of entitlements would counter-act the new spending in this bill, but there is no serious appetite for that within the GOP.Republicans interested in passing major conservative reforms in 2018 — which could be the last chance for years, if Democrats succeed in taking the House later this year — should reject this deal and push for something better. Another year of unified Republican control of the elected branches of government in Washington is a terrible thing to waste.
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Topic: Against the Spending Bill (Read 269 times)
