New York Magazin Intelligencer has the article For First Act in Power, Democrats Consider Making Their Own Agenda Impossible to Pass.

All this would be a bit less problematic if the Democratic Party had overcome its allergy to deficit spending (and/or accepted Modern Monetary Theory as its personal truth). But it hasn’t: In addition to forbidding tax increases on the bottom 80 percent, Pelosi has vowed to honor the “pay as you go” rule, which requires the House to fully finance any and all new government spending.

The article focuses on the roadblock to tax increases on the bottom 80 percent, but only mentions “pay as you go” in passing. The second item is particularly stupid. Deficits and increasing deficits play a role in economic planning. If we should have a sudden increase in our trade deficit, the federal government might need to increase their deficit to replenish the money leaving the country in foreign trade. If the Democrats take a stance against deficits no matter what the economy requires, they are not only not doing their jobs, but they don’t seem to understand what their jobs are.