“Stockman added that the budget deal means lawmakers would take a ‘two-year vacation’ from dealing with the country’s fiscal situation and revisit it in 2015 at around the same time as the Iowa straw polls. Without an incumbent in the presidential race, both political parties will be too busy to touch the budget, he said.  Stockman compared the accord to ‘kicking the can’ into ‘low Earth orbit.’  The two-year deal averts deeper cuts to military spending, but Stockman said that’s where lawmakers should have looked for savings. The U.S. no longer faces threats from developed countries and has been ‘fired as the world’s policemen,’ he said.”

http://www.cnbc.com/id/101265477

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy