Submitted by Kelsey McLaughlin on October 14, 2012
BEYOND THE CLIFF: Experts agree that if our leaders let us fall off the fiscal cliff, the results would be disastrous. While the election is focused on the benefits of raising taxes versus cutting spending, the fiscal cliff does both: “Together, these changes could do at least as much to slow the economy as any other government action in the past half-century, according to Moody’s Analytics.” Zachary A. Goldfarb for The Washington Post: Forget the fiscal cliff: U.S. has other possible economic threats looming
Massive cuts to defense spending are included in the upcoming fiscal cliff, and while many are sure Congress and the president will act to prevent these cuts after the election, that hasn’t stopped both parties from passing the blame. Governor Romney is accusing the White House of trying to weaken the defense department, while President Obama says the blame lies with the Republican-controlled House. Instead of fighting over blame, both parties should work to fix the upcoming fiscal cliff: David S. Cloud for the Los Angeles Times: Defense cuts, though unlikely, have both parties pointing fingers
PASS NO BUDGET, NO PAY:
Running to represent California’s 47th Congressional District, Gary DeLong is putting his support behind No Budget, No Pay. Without a budget, lawmakers merely pass continuing resolutions to fund the government, without looking at what needs more or less funding. DeLong writes for Patch
: “This irresponsible behavior on the part of our elected officials causes great uncertainty for government agencies and, more importantly, on the citizens who depend on those agencies.” Gary DeLong forPatch: Congress Should Pass “No Budget, No Pay Act”
FROM THE FIELD: No Labels Generation Leader Matt Gang will be hosting a No Labels forum with Co-Founder Lisa Borders at his high school tomorrow to educate his peers about the effects of congressional gridlock.
THE DAILY BREAK:
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