The draft report from the Fiscal Responsibility Commission, subject of my previous post, has some proposals for reform of how Congress makes (or doesn’t make) expenditure decisions. Frankly, I do not understand them. Perhaps this is because the draft report is simply a series of slides, not really a report. Or maybe these things are too complex for a simpleton like me to understand.
Separately, there is apparently a proposal to cut Congresspersons’ pay, and even one to reduce their pay every year that the government runs a deficit.
But these won’t work, for a very simple reason: Continue reading