One of the main obstacles to the bill has been fiscal conservatives (and some liberals) who objected to $80 billion of deficit spending over the next six years. Many of the conservatives wanted to cut spending to be no more than gas tax and other highway revenues; the liberals wanted to raise gas taxes to cover the deficits and provide revenues for even more spending on roads and transit. Instead, the House stayed the course of spending more than is available, using various accounting tricks to cover the deficits.Color me unimpressed.I expect come next November, I shall continue to be unimpressed with them.
What really happened is that newly minted House Speaker Paul Ryan wanted to prove his worth, so he twisted enough arms to get the bill passed. The bill even includes reauthorization of the Export-Import Bank, which many conservatives hated.
Tuesday, November 10, 2015
So much for Paul Ryan and "fiscal conservatives"
Just what's in the Transportation Bill he rammed through?