Then there are pretend budgets. The most egregious
example may be the “Penny Plan” introduced in 2011 by Rep. Connie Mack (R-FL),
which now has more than 70 co-sponsors, including Sen. Rand Paul (R-KY), and is
not really a budget at all. It contains the numbers but not the choices. Worse,
it attempts to conceal from the public the kind of pain it would endure,
particularly in states such as the one Rep. Mack represents, Florida.
Showing posts with label Connie Mack. Show all posts
Showing posts with label Connie Mack. Show all posts
Friday, August 24, 2012
Scott Lilly: Rep. Mack’s ‘Penny Plan’ disguises painful choices
Budgets are about choices. Families must decide
whether to replace the car or cut back on meals out and entertainment. Those of
us who are weathering hard times must make far more difficult choices. But the
fundamentals of budgeting are always about weighing alternatives and finding
the one that is either the most enjoyable or the least painful.
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