Monday, August 5, 2013

Anticipating Congressional Budget Follies

Looks like some realistic and sober analysis, which makes it all the more disturbing. H/t PK @ NYT.

When it comes to the budget there's so left much to do, so many moving pieces and so little time that the overall situation -- let alone the fate of a particular bill -- is virtually impossible to predict with any degree of certainty.
And when you add the somehow-still-increasingly-intractable budget politics to the mix, the odds of being right about what's going to happen get even longer unless you're suggesting something close to fiscal chaos.
That's what I'm predicting: budget bedlam this fall and beyond.

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