Wednesday, June 19, 2013

Can the Budget Ever Be Cut?

President Barack Obama finally released his fifth budget in February. Like his four previous fiscal proposals, this one is stuffed with promises to “invest” in America and “our” children, to grow the economy, and to reduce the deficit. The reality, however, will be more spending and more taxes with zero reform of financially unsustainable entitlement programs.
Portrayed in the press as a great compromise between the austere budget of House Budget Committee Chairman Paul Ryan (R-Wis.) and the excessive spending and high taxes proposed by Senate Budget Committee Chairwoman Patty Murray (D-Wash.), the president’s budget is actually neither conciliatory nor moderate.

http://reason.com/archives/2013/06/18/can-the-budget-ever-be-cut 

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