A few days ago Congress raised the debt ceiling, again. I really don't know why they bother with one in the first place...

Jon Stewart sums it up well:



Also - some (potentially) good news on the Congressional floor: Yesterday the House referred to the Committee on Oversight and the Committee on Reform a bill numbered H.R. 4336 sponsored by Nathan Deal of Georgia. The full text wasn't online at the Thomas.gov site yet, but the title is encouraging: To provide that pay for Members of Congress be reduced following any fiscal year in which there is a Federal deficit.

I give this bill about 10% chance of making it out of committee - but if it does, a small modicum of hope will be restored in my view of our government. Details below:

84. H.R.4336 : To provide that pay for Members of Congress be reduced following any fiscal year in which there is a Federal deficit.

Sponsor: Rep Deal, Nathan [GA-9] (introduced 12/16/2009) Cosponsors (4)

Committees: House Administration; House Oversight and Government Reform

Latest Major Action: 12/16/2009 - Referred to House committee.

Status: Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

I might have to contact my Representative and Senators to express my favor for this new measure.