I feel like US fiscal policy is trapped on some kind of treadmill. Democrats offer some level of budget cuts for the current fiscal year, Republicans reject anything less than what they’ve proposed, and then they put together a short-term stopgap with all of the Democrats’ cuts. The Democrats wind up agreeing, and the whole negotiation starts over again, with Democrats moving closer to the Republican position by offering yet more cuts.
Now we have the third offer from the Democrats, with $10 billion in cuts already enacted. They plan to offer $20 billion more.
...
So they're halfway toward the GOP's original figure of $61 billion. This must end. I don't know if today's GOP sees some advantage in provoking an actual public revolution, but byYou could make a case that the first $10 billion didn’t have a huge impact, as they went to programs already scheduled to be cut (I don’t totally subscribe to that). But the low-hanging fruit is gone. This $20 billion will hurt.
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Who in Washington represents us? At present, I'd have to say "no one does."
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