Congress' hypocrisy on spending control does not bode well for the future. The Ryan-Murray deal shifts planned spending cuts into the future, when they will probably never be realized. Nearly 60 percent of the changes to direct spending won't happen until 2022 and 2023, the last two years of the budget window. Given that lawmakers are not willing to honor the promises they made just two years ago, it's very doubtful that they will live up to these future ones.
Congress cannot have it both ways. Now is the time to stop saying one thing and doing another. Punting on fix Washington's spending problem will only make it harder to do so in the future. It will weaken the economy and undermine Congress’ credibility even further.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins