Democrats pass PayGo

[I spent the winter writing songs about getting better]

Who's the party of fiscal responsbility?

http://www.msnbc.msn.com/id/16487187

Every single Democrat voted for it except one who was absent. 152 Republicans voted against it.

http://clerk.house.gov/evs/2007/roll009.xml

[MaC]

Who's the party of fiscal responsbility?

well, obviously the Libertarians.  Of course you and millions of others haven't elected them to know that.

[MODU]

PayGo is not necessarily fiscal responsibility.  All it means is that they have to have revenue to offset spending.  True fiscal responsibility will be reducing the amount of spending.  Additionally, PayGo does not include some of the high-end social welfare programs which continue to increase in cost, so it is not an truly efective system without reforming the welfare systems and congressional accounting policies.

[Nym90]

PayGo is not necessarily fiscal responsibility.  All it means is that they have to have revenue to offset spending.  True fiscal responsibility will be reducing the amount of spending.  Additionally, PayGo does not include some of the high-end social welfare programs which continue to increase in cost, so it is not an truly efective system without reforming the welfare systems and congressional accounting policies.

I don't see why cutting spending is necessarily more fiscally responsible than raising taxes. You may oppose tax increases for other reasons, but that doesn't make them fiscally irresponsible.

[The Man From G.O.P.]

I will admit by passing this the Democrats may have really humbugged the Gengrich Republicans and erased our advantage of being fiscally responsible (if anyone still believed it anyway)

Buuuuuut, the real question is, will the real spenders be able to keep thier promise?

[MODU]

PayGo is not necessarily fiscal responsibility.  All it means is that they have to have revenue to offset spending.  True fiscal responsibility will be reducing the amount of spending.  Additionally, PayGo does not include some of the high-end social welfare programs which continue to increase in cost, so it is not an truly efective system without reforming the welfare systems and congressional accounting policies.

I don't see why cutting spending is necessarily more fiscally responsible than raising taxes. You may oppose tax increases for other reasons, but that doesn't make them fiscally irresponsible.

Fiscal responsibility has more to do with managing your resources wisely than having to find additional resources.  We could trim billions from tax revenue and still end up with an annual surplus by cutting the pork, modernizing our bloated wellfare programs, and reducing the pet projects.  With more money in the peoples' hands, the more active our economy is, and in return, the better the tax revenues provided to the government.  Increasing taxes takes that revenue out of the economy and shunts the economic growth. 

[Nym90]

PayGo is not necessarily fiscal responsibility.  All it means is that they have to have revenue to offset spending.  True fiscal responsibility will be reducing the amount of spending.  Additionally, PayGo does not include some of the high-end social welfare programs which continue to increase in cost, so it is not an truly efective system without reforming the welfare systems and congressional accounting policies.

I don't see why cutting spending is necessarily more fiscally responsible than raising taxes. You may oppose tax increases for other reasons, but that doesn't make them fiscally irresponsible.

Fiscal responsibility has more to do with managing your resources wisely than having to find additional resources.  We could trim billions from tax revenue and still end up with an annual surplus by cutting the pork, modernizing our bloated wellfare programs, and reducing the pet projects.  With more money in the peoples' hands, the more active our economy is, and in return, the better the tax revenues provided to the government.  Increasing taxes takes that revenue out of the economy and shunts the economic growth. 

Well, I would argue that increased government spending helps economic growth as much as tax cuts on the average. Obviously you are correct that efficient use of the resources is the key to economic growth, but I see no reason to assume that the private sector would do a better job of growing the economy than the public sector would (in some areas they clearly would, in others though, the opposite would be true).

[Conan]

I will admit by passing this the Democrats may have really humbugged the Gengrich Republicans and erased our advantage of being fiscally responsible (if anyone still believed it anyway)

Buuuuuut, the real question is, will the real spenders be able to keep thier promise?

Well the republicans aren't in power and that's because they broke their promise. (Sarcasm as you obviously think Dems are the real spenders) And the Dems will for as long as they want to keep congress.

[The Man From G.O.P.]

I will admit by passing this the Democrats may have really humbugged the Gengrich Republicans and erased our advantage of being fiscally responsible (if anyone still believed it anyway)

Buuuuuut, the real question is, will the real spenders be able to keep thier promise?

Well the republicans aren't in power and that's because they broke their promise. (Sarcasm as you obviously think Dems are the real spenders) And the Dems will for as long as they want to keep congress.

I would think the Democrats would be in power as long as the voters keep them there, but that's just my opinion.