House rules require a bill be publicly posted for three days before it can be voted on. That basic rule was written by none other than Thomas Jefferson as part of the original rules package of the House, as it is essential to the survival of representative democracy. The House can waive that rule if it chooses on specific occasions. The Republican-controlled House chose to waive it when considering the Patriot Act in 2001 following the terror attacks of 9-11. They thought there was enough of a national defense emergency to just bring the bill to the floor for a vote. But Nancy Pelosi and her House Democrats have chosen to ignore the rule on every major issue taken up by the House this year.
Duhhh... Just get used to life on Planet Pepe. This ain't Kansas anymore.
In the meantime, the CBO says: Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run. Well, duh. The standard pinko answer: shuddup, and spend.
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But CBO estimates that in fiscal years 2009 and 2010, the federal government will record its largest budget deficits as a share of GDP since shortly after World War II. As a result of those deficits, federal debt held by the public will soar from 41 percent of GDP at the end of fiscal year 2008 to 60 percent at the end of fiscal year 2010. This higher debt results in permanently higher spending to pay interest on that debt.
Don't worry, be happy. Nanny State knows best.
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