Balancing the Budget, by the Executive Branch?

The lead article in today’s New York Times is titled, “Obama, On Own, to Set Up Panel on Nation’s Debt.” It describes the failure to do so by Congress — the vote was 53 in favor in the Senate when they needed 60 votes — but the new commission will have no legal authority to force Congress to act.

The death of the commission in the Senate shows the hypocrisy of both parties in the attempt to get the budget under control. Democratic liberals were afraid of Medicare, Medicaid and Social Security cuts while Republicans were afraid of an attempt to raise taxes. The Democrats were also upset by the exemption of the military from the Commission’s jurisdiction while social programs remained a prominent target.

Well, this new executive commission is a little flabergasting. It seems like a waste of time because Congress will do whatever it wants in any case. Meanwhile, the President is buffeted by two opposing forces: the pressure to create jobs in the short term, involving more spending, and the pressure to balance the budget in the long term, involving less spending. His proposed three-year freeze on 8 percent of the government’s expenditures already seems to have been discounted.

Well, let’s see how the State of the Union goes tonight. I’m still upset by the refusal of the House to pass the Senate’s healthcare bill!