Breaking News Bar
posted: 3/8/2013 4:40 AM

Doesn't president approve the budget?

hello
Success - Article sent! close
 

Doesn't president approve the budget?

In a Feb. 12 letter, Jay Mitchell likens Congress "to that of a firm's board of directors. They knowingly require the CEO to spend more money than they have, or can possibly make in the coming year. Then, they refuse to allow the CEO to borrow money to cover the difference, while still requiring that the appropriated funds be spent."

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Congress puts together that budget, but the president (CEO) approves it. Sure, a Congressional veto can override his vote, but how often does that happen? Wait a minute, do we even have a budget? When was the last time we did have one?

In industry, CEOs are not picked by the proletariat. That doesn't mean that CEOs are always the cream of the crop; far from it. But why is it that, when it comes to politics, the lowest common denominator has an equal shot at getting elected? Politics is a strange animal, and all too often, the worst possible reasons are utilized to put a candidate in office. Don't think so? Check Congress' approval rating sometime.

John Babush

Big Rock

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.