FisCoop Responsibility

Posted by Mary Mancini on September 24, 2007 under Uncategorized |

Congressman Jim Cooper (D-TN, The Fightin’ 5th!) just announced that he and Congressman Frank Wolf (R-VA, The Fightin’ 10th!) will introduce bipartisan, bicameral legislation that addresses the country’s long-term fiscal crisis. They will hold a press conference this Wednesday to discuss it, joined by Sen. Judd Gregg, U.S. Comptroller General David Walker and members of the Fiscal Wake-Up Tour.

Freddie wrote about the Tour back in July when Congressman Cooper brought the bipartisan members of the reality-based economic community to town:

The whole notion of the tour is that America is about to be hit by a fiscal hurricane. So top policy experts from both sides of the aisle have gotten together to let people know that our nearsightedness on policy issues should not continue.

The President’s response, of course, was to come to town a few days later and crow, “We project if we can continue to have fiscal sanity in Washington, D.C. that we’ll be in surplus by the year 2012.”

Whatev. We can only hope that this Wednesday Coop! (He lets us call him that. OK, no he doesn’t.) & Co. will offer us what they have spent the last 3 months crafting - legislation that addresses the Bush Administration’s out of control spending.