Ack. From the Daily Kos:
With Democrats like Claire McCaskill, you don't need Republicans like Ryan. Earlier this year, she joined with Tennessee Republican Bob Corker to push a plan as bad as Ryan's, but more dangerous because she calls herself a Democrat. Really. David Dayen lays it out:
So what is McCaskill-Corker? It would mandate that spending, within ten years, go from 24.7% of GDP to 20.6% of GDP. Instead of looking at what society needs, and advancing programs designed to fulfill those needs, and then determining how to pay for them, then, this bill would artificially limit spending to an arbitrary number that is less than the 22% level of spending under Ronald Reagan. And instead of picking and choosing what programs to save under that cap, McCaskill-Corker forces OMB to make the decision of making “evenly distributed, simultaneous cuts throughout the federal budget.” This would include mandatory spending like Medicaid, Medicare and Social Security.Debt Limit Vote Could Yield Spending Caps