If, by some miracle, the Congress as a whole votes down the recommendation; then the OMB will slash the deficit on its own. Now, remember there is more than one way to reduce the deficit. If I were a betting man I would wager that tax increases rather than spending cuts will be the avenue of choice. Let’s talk about the constitutional problems with this legislation.
United States Constitution Article I Section 1#1. The constitution tells us that all legislative power rests in a Congress. This “Super Congress” establishes the President (an executive branch official) as a legislator with veto power. This is different then the normal veto power of the president. It is different because under this committee he exercises the veto in the course of formulating the legislation. He becomes a co-author. As such, he is not exercising a simple assent or denial, he is engineering bills. Does he sit in on the discussions, I’m not really sure. I do know , however, that any proposal that would be rejected by the whole congress would result in the OMB cuts to go into affect. The OMB is an executive office.
All legislative powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.
United States Constitution Article I Section 7#2. According to the Constitution, all revenue generating bills are to originate in the house and it explicitly states that the Senate may offer amendments. These revenue generating bills will be originating in something akin to a joint-committee of the two houses, but it is really a revolutionary body never before assembled.
All bills for raising revenue shall originate in the House of Representatives; but the Senate may propose or concur with amendments as on other bills.
United States Constitution Article 4 Section 4#3. And finally, I submit that this arrangement, because it blurs the separation of powers between the Legislative and Executive branches of government violates the very definition or a Republic.
The United States shall guarantee to every state in this union, a republican form of government…
Making matters worse, this deal never even pretended to address our real economic crises, THE DEBT. Listen to what they talk about. They talk about reducing rising budget deficits. The never speak of eliminating the budget deficit and they never talk about paying off the National Debt.
It’s as if Americans do not even understand terms. A deficit is when you spend more money than you take in. The debt is the total of all deficits plus the interest owed. Reducing the deficit means you are going to continue to have budget deficits and you are going to continue to grow the national debt. Whether the committee proposal is approved or denied, the debt ceiling will be raised. An approval will grant an increase of 1.5 Trillion and a rejection would result in an increase of 1.2 Trillion. Now, if you are going to raise the debt by 1.2 to 1.5 Trillion what is the point of the budget cuts?
Are we as a people too dumb to remain free? This appears to be the beginning of an oligarchical dictatorship. I would expect increased taxes, increased spending, increased debt and a decrease in benefits and services. The bankers will love this arrangement because it will increase the interest payments on an ever-increasing national debt.