House budget debate involves charts featuring Big Macs
The debate over a House of Representatives budget bill got caught up in the price of a Big Mac.
By Gabrielle Levy
Rep. Chris Van Hollen and his Big Mac charts. (C-Span)
WASHINGTON, April 8 (UPI) -- The House of Representatives Tuesday passed a budget bill that would require the Congressional Budget Office to stop taking inflation into account when it does its calculations.
But before they did so, the debate got a little silly.
Georgia Republican Bob Woodall argued the baseline budget adjustment in the bill will prevent the CBO from falsely crediting spending cuts when funding has remained at a stable dollar amount, but lost value due to inflation.
"This bill puts a stop to Washington math forever," Woodall declared.
Which is federal government math assumes that if you got to buy a Big Mac 10 years ago, you're still buying a Big Mac today. I just wonder if that's true. I've switched to the value menu. I get the McDouble from time to time for $.99. The Spicy McChicken is now a part of what I do. I have to get into my wallet and justify the expense and when the prices double, sometimes we as Americans have to substitute."