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Washington in a Flash: Harry Potter Couldn't Solve America's Debt Crisis

Posted By Rob Bluey On July 18, 2011 @ 6:25 am In Scribe | Comments Disabled


“Harry Potter” fans everywhere helped make the eighth and final movie the highest-grossing opening of all time [2] at both U.S. and international box offices with a total of $475.5 million.

That’s a lot of money, but still nowhere near trillions in debt [3] crippling Washington. The White House and congressional leaders continue talking this week. The establishment [4] continues to rally around Senate Minority Leader Mitch McConnell’s (R-KY) politically motivated plan [5] that would do nothing to reform Washington’s spending addiction.

Conservatives in the House have so far shown little interest in McConnell’s plan. They’ll vote tomorrow on the Cut, Cap and Balance Act [6] and later in the week take up a balance budget amendment. Stay tuned to The Foundry [7] this week for updates.

Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2011/07/18/washington-in-a-flash-harry-potter-couldnt-solve-americas-debt-crisis/

URLs in this post:

[1] Image: http://blog.heritage.org/wp-content/uploads/afplivetwo155083-Was973027.jpg

[2] highest-grossing opening of all time: http://www.miamiherald.com/2011/07/17/2318615/harry-potter-casts-spell-gets.html

[3] nowhere near trillions in debt: http://www.heritage.org/budgetchartbook/increases-us-debt-limit

[4] The establishment: http://www.washingtonpost.com/business/economy/congress-tees-up-crucial-votes-on-debt-limit/2011/07/17/gIQA40IZKI_story.html?hpid=z1

[5] politically motivated plan: http://blog.heritage.org/2011/07/15/shame-on-the-politically-motivated-mcconnell-plan-to-hike-borrowing-with-no-spending-cuts/

[6] Cut, Cap and Balance Act: http://rsc.jordan.house.gov/Solutions/debtceiling.htm

[7] The Foundry: http://www.foundry.org/

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