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.

  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.