This is the first in, hopefully, a regular/irregular series of diaries on political subjects that are hot in the political blogosphere and the punditocracy. I will analyze a political issue the best way an outsider can: with Google, Wikipedia, and hear-say. Comments are always encouraged, in fact that's where the title, Correct Me If I'm Wrong, comes in play.
Today's topic: The Balanced Budget Amendment! (boooo!)
This week, the House Republicans will execute their "Cut, Cap, and Balance Plan". They will vote to Cut spending where it doesn't make a dent, Cap spending so they can't raise it where it should, and vote on a Balanced Budget Amendment to the Constitution that will cap the budget at 18 percent of GDP. This plan has no hope of passing, and is no more than a big load of Republican CYA, but let's pretent it had a chance.
Now, correct me if I'm wrong, but wouldn't this plan doom us? Let's take a look.
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