John Irons's Blog

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Economic News, Data and Analysis

Bad process reforms

Here’s the weird spending provision in the Senate…
From the summary of the Chairman’s mark:
“The Mark establishes a new 60-vote budget point of order against legislation that would create new direct spending of more than $5 billion in any of the four 10-year periods between 2015 and 2055, as estimated by the Congressional Budget Office.”

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Filed under: Economics

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