How To Balance the Budget (Without Really Trying)ST
Is it possible to balance the budget without raising taxes? Sure, you say, but you'd have to cut government spending way back.
Turns out that's not the case, as explained here by Dan Mitchell of the Cato Institute. Balancing the budget doesn't require higher taxes, or even any cuts to current programs:
We're always talking about reining in runaway government spending, but I was pretty shocked to learn that all we would have to do is freeze spending where it stands today in order to zero out the deficit in a couple years.
Why is it so hard to get this done?
Maybe I just don't get it. Maybe it makes perfect sense to spend $800,000 to teach guys on another continent how to wash their junk. (hat tip to happypantsmcgee. nice pull.)
If any of you encounter a government lobbyist this weekend, you have your Uncle Eddie's permission to kick him square in the nuts.
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