The budget resolution held no one back for long, since Republicans increasingly use such resolutions as political propaganda rather than serious and binding constraints.

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But much more is needed than the fragile discipline imposed by the Maastricht treaty and by the stability pact, such as binding constraints on budget laws of member states and institutions able to enforce them.

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Which in turn means that published reserve numbers for any metal or mineral are not what we should use if we want to talk about binding resource constraints.

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Rather, this policy will be ineffective because it will relax constraints that are not binding in the first place.

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