The Joy of Political Competition

"House Speaker Nancy Pelosi, D-San Francisco, made "pay as you go" budgeting a first order of business upon assuming the helm of the House, in part to protect 30 newly elected House Democrats who captured seats previously held by Republicans.

Those budget limits are now starting to bite. Democrats are scouring the tax code to find loopholes to close and revenue to raise for everything from expanding access to health care to shielding upper-middle-income families from the alternative minimum tax."

Competition forced the Democrats to toe the line of fiscal responsibility, and now they are looking for ways to close loopholes and cut spending in order to pay for their desired projects.

Responsible budgeting. Whouldathunkit? The shame is that the Republicans are the ones fighting spending cuts.