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Lankford's bill is interesting. Here's the description from his congressional office:
If Congress fails to approve a budget by the end of each fiscal year, the Government Shutdown Prevention Act would ensure that all operations remain running normally without any interruption of services by automatically triggering a continuing resolution (CR) or short-term, stop-gap spending device.
The bill creates an automatic CR for any regular appropriations bill not completed before the end of the fiscal year. After the first 120 days, auto-CR funding would be reduced by one percentage point and would continue to be reduced by that margin every 90 days.
It is the job of Congress to spend money into the economy. They have to run a deficit.
Catch the problem?
The Lankford bill creates a world in which the failure to fund the government leads to automatic, across-the-board spending cuts. That's not a world in which there are "continued incentives for Congress and the President to reach agreement on regular appropriations bills." It's a world in which Republicans who want spending cuts have a continued incentive to refuse to reach agreement on bills to fund the government.
If Lankford wanted to incentivize both sides to come to a deal he'd propose a bill that paired automatic spending cuts with automatic tax increases.
watchitburn
I say we take off and Nuke the site from orbit.
It's the only way to be sure.
Yes?
It is the job of Congress to spend money into the economy. They have to run a deficit.
beezzer
reply to post by MidnightTide
HAVE to run a deficit?
HAVE to spend money?
Idiots!