Is Another Fiscal Cliff Coming? Why Conservatives Are Concerned
“It is our budget or bankruptcy.”
Republicans riding high after passing their first budget plan in six years earlier this year are in for a familiar scare: the specter of a fiscal cliff and a so-called mega spending deal that may come with it.
But even as the stars align for such an all-in-one deal — the government again will likely run out of money at around the same time its borrowing authority expires in early December — conservatives say they will not give in on spending increases.
“I would oppose any effort to violate the budget that has already been adopted by Congress,” said Rep. Tom McClintock, R-Calif., of the House Budget Committee.
More...
Read next: Liberals show no signs of limiting MAID despite 'extremely concerned' UN report
Email Us | Reader Friendly | Comments
Heritage Foundation——Bio and Archives
The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.