More On The Constutitionality Of The Super-Commission

Two legal eagles have commented on the constitutionality of the “super-commission” created by the debt deal, and have voted in the affirmative.

First, at Just Enrichment, Amanda Rice tackles an accusation that was made here on an earlier thread:

2) Article I, Section 7: “All bills for raising Revenue shall originate in the House of Representatives.” 3) Article I, Section 8: “The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States . . . .”

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S&P Hands Out More Downgrades

It wasn’t just Uncle Sugar that got downgraded by Standard and Poor’s (emphasis in original):

Meanwhile, S&P downgraded government-sponsored enterprises Fannie Mae and Freddie Mac to AA+ from triple-A, with S&P citing their reliance on U.S. government.

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Tax Hikes Conservatives Can Support

The Blogfather, Glenn Reynolds, finds a few that I wouldn’t mind seeing enacted:

One of the things that’s been floating around the Web over the past week is a video clip from 1953. It’s a short film produced by the motion picture industry, seeking the end of a 20 percent excise tax on movie theaters’ gross revenues that had been imposed at the end of World War II as a deficit-cutting measure. (Yes, gross, not net).

In the film, figures ranging from industry big shots to humble ticket collectors talk about how the tax is hurting their industry and killing jobs, and ask Congress to repeal the tax.

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