Cut, Cap and Balance Crashes and Burns in the Senate

The Senate just rejected the idiotic House GOP bill to “Cut, Cap and Balance” the Federal budget. “It’s one of the stupidest constitutional amendments I have ever seen,” said Senate Budget Committee Chairman Kent Conrad (D-N.D.), a member of the “Gang of Six” that unveiled a bipartisan deficit-reduction framework this week. “It looks like it was drafted by two interns on the back of a napkin.”

I couldn’t agree more.  Now that the wingnuts in the House have covered their collective asses next November, maybe we can get down to the serious business of saving the US as the premier global market to invest in.

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