This looks like another in a long-series of feel good Bills that don’t address the underlying issues. Deficit spending is a very disconcerting issue; however it needs to be viewed with some perspective.
First, the federal government should not be managed as though it is a business and or our households, wherein balanced budgets are mandatory for solvency. The federal government must be able to exceed the budget plan and must be able to run deficits toward addressing the many events that require unplanned government funding.
Still, every effort should be taken to drive down debts and minimize deficit spending. I think that this is where the issue of discretionary versus mandatory funding of social programs is a significant element of the equation.
Regarding discretionary spending, our citizens have insatiable appetites for government giveaways. One of the interesting challenges to consider is how we view the various needs and causes that drive deficit spending. Some citizens think that a study of some interesting social science, science or technology is important, while some vision expenditures on pass through social programs or national defense is important. Our congressional delegates are responding to the input of their constituents. How can you blame folks who are responding to their bosses?
My recommendation is to mandate term limits. As I see it, relieving our congressional delegates of the burden driven by the need to curry the support of constituents would empower better long-term decision making, possibly providing for address of many bloated programs that are special interests of K Street and single issue voting blocks.
Second, I believe that most of our congressional delegates are well heeled and are not likely to be influenced by missing a few paydays.