Debates over nation’s debt ceiling will continue endlessly until real issue is addressed
Jonathan Bydlak, director of the Governance Program at the R Street Institute in Washington, D.C., recently wrote, “Unfortunately, like the debt limit, this process also has become increasingly politicized and is rarely followed. Rather, lawmakers instead have opted to pass large, unaccountable omnibus packages or to kick the can via continuing resolutions that merely prolong uncertainty for markets, taxpayers and government agencies alike.”
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“The failure of Congress to conduct due diligence has turned public debates into a rush to shove money at things and declare ‘mission accomplished.’ But all that is accomplished is duplicative spending, overlooked issues of fraud and mismanagement, and short-term political victories over long-term planning,” Mr. Bydlak wrote.
