Congress Is Moving the Goalposts on Fiscal Responsibility

Source: The Daily Economy
by Romina Boccia

“Washington has a habit of changing its budget goals — not because the country solved the spending-driven debt problem, but because each goal proved harder than lawmakers were willing to confront. I remember working on fiscal policy in 2011, when lawmakers still talked about balancing the budget. It was an intuitive target. If the government only spent what it collected in revenues, the debt problem would eventually disappear. Simple in theory. Difficult to achieve in practice.” (04/06/26)

https://thedailyeconomy.org/article/congress-is-moving-the-goalposts-on-fiscal-responsibility/