The Fiscal Times
March 14, 2012
Steve Bell, Senior Director of Economic Policy at the Bipartisan Policy Center, said that the Republicans stand to gain relatively little “for the legislative and political pain” their efforts will cause. He said Congress should stick with the spending levels agreed to last summer in the Budget Control Act (BCA).
“You notice it’s the House Republicans talking about it – some of them – and not the Senate Republicans,” Bell said. “And perhaps some of the people in the House don’t feel as strongly that they made a deal. The BCA was a bipartisan deal . . . the House leadership and the Senate leadership made a deal on those numbers. I think there is some merit to saying on something of this magnitude . . . that not keeping to the agreement you made is a pretty serious matter.”
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Economic Policy Project