What to cut next

posted by
March 14, 2013
Cato Institute
by Chris Edwards  
Posted in Commentary

"Some people are complaining that the sequester is too broad-based, and that it would have been better to target just the most wasteful programs. But members of Congress don’t agree on which programs are wasteful. Republicans point to costly welfare programs such as food stamps, while Democrats point to the bloated Pentagon bureaucracy. Given this disagreement, an across-the-board sequester was the best way to make progress on cuts this year. Looking ahead, some policymakers think that no further cuts are needed because the sequester, budget caps, and recent tax hikes reduced projected deficits. But that view is short-sighted." (03/13/13)


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