Wednesday, May 18, 2011

Ad Hoc Disaster Isn't Real Money

From Farm Policy, quoting Mr. Stallman of the Farm Bureau:
“Farmers are willing to rely instead on Congress passing temporary ‘ad hoc’ disaster bills, he said. Spending on such bills typically is added to the budget deficit rather than being taken from the farm bill.
The point being is the political debate is always about authorizations (the farm bill) and appropriations (or the omnibus appropriation or the continuing resolution), never about the contents of the actual deficit.  That permits smart legislators to play games with spending, because all the pundits just assume the deficit is the result of the policies which are debated.  

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