October 25, 2010

Deficit Commission Looters

The Deficit Commission (set up to give Congress cover when they raise our taxes) says the mortgage interest deduction costs the government nearly $1 Trillion a year.  Look, let's get this straight, the government costs me a lot of money every year.  Me keeping my own money does not cost the government anything.  What costs the government money is the things for which they write checks!

Congress and the President claim the deficit commission was set up to recommend the tough choices (because Congress and the President are too wimpy to tell the American people we have to cut back on services) to get us out of debt:

[Deficit Commission] officials have found there aren't any easy ways to balance the budget, and they are expected to steer clear of more polarizing issues like Medicare, Medicaid, Social Security and a broad rewrite of the tax code in their short-term recommendations.

Aside from raising our taxes, the commission is considering whether to recommend "a freeze on domestic discretionary spending"  (shock and awe, baby, shock and awe). 

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