The Democratic Senator from North Dakota is taking the position that The Budget Control Act (the formal name for the agreement that raised the debt ceiling) totally counts as a budget. While the idea of a federal budget that only takes twenty-eight pages to describe is actually kind of intriguing to me, the fact remains that the summary tables of an actual federal budget are larger. More to the point, in a budget you get an idea of:
- How much money is coming in;
- From where it’s coming in;
- How much money is going out;
- And where the money is going.
Guess which of the two documents has that information? Spoiler warning: it’s not the document that Senator Conrad is touting as being a budget.
Neil Stevens
Steve Maley
Daniel Horowitz
Jake Walker