Comment: Not to be a stickler, but

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Not to be a stickler, but

Not to be a stickler, but that act won't end the deficit at all. Rather, it will freeze the deficit at 3%.

A sovereign default, plus an amendment stating that the congressmen that signs a loan document, are the only people bound to honor it, on the other hand, wold certainly end the deficit once and for all. While solving the debt problem as well.