Our Glibertarian overlords have big plans for the 112th Congress. Despite wedging on about loving the Constitution, transparency, Government by the people, populism, deficits, etc., etc., etc.–the Leaders of the incoming
Republican Confederate Party House majority have shown their fidelity to the oligarchs by crafting rules designed to blow holes into any effort to balance the budget while still transferring yet more wealth from the poor and middle class to the richest in the land.
A recent editorial in the NYTs explained the madness of the new rules:
The new Republican rules will gut pay-as-you-go because they require offsets only for entitlement increases, not for tax cuts. In effect, the new rules will codify the Republican fantasy that tax cuts do not deepen the deficit.
It gets worse. The new rules mandate that entitlement-spending increases be offset by spending cuts only — and actually bar the House from raising taxes to pay for such spending.
And just before Christmas the Center on Budget and Policy Priorities identified an even larger problem with the new rules. It seems that these rules would make Glibertarian fanboy, Paul Ryan, a super secret and all powerful Austerity Czar.