Question: What is the difference between adding $134 billion to the deficit (Democrats’ old “extenders” bill) and over $84 billion (Democrats’ new “extenders” bill) ?
Answer: Just 15 days.
That’s right, instead of hitting the Statutory Debt Limit on February 27, 2011 under the old bill, the reportedly “new-and-improved, fiscally-responsible” package will delay that until March 14, 2011* – a whopping 15 days later.
A “deficit extender” bill by any other name is…well…still a deficit extender.
*Note: Estimates prepared by W&M Committee Staff
###