Business and Wealth

Debt Reduction Lawsuit Means Basically Nothing

President George W. Bush got sued the other day (March 22, 2006, to be precise). He’s not too worried about it. A group called Public Citizen now has two lawsuits against the President for passing the Deficit Reduction Act of 2005. Apparently, there were a couple of typos on the bill Bush signed into law, so technically; he passed a different Act than the one approved of by Congress.

This debt reduction lawsuit seems, at first glance, to be about a group of people who really need part time jobs. But the national debt reduction lawsuits are trying to point out some flaws in the Deficit Reduction Act, which only squeaked by Congress.

The Deficit Reduction Act & You
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