For a few years I have refrained in many instances from commenting on the political debate in this country. But the budget discussion this year is beginning to get my need to comment going again. Here is the straw that broke this uncommon, for me, silence…
Here are two numbers to keep in mind when thinking about the House Republicans’ budget plan: They want to cut spending on government programs over the next decade by $4.3 trillion. And they want to cut tax revenues over the same period by $4.2 trillion. – Budget Battles – Tax and Spending Myths and Realities – NYTimes.com.
Now exactly how does that reduce the deficit? The budget plan the Republicans are proposing will only have a 100 billion dollar excess to pay down the existing debt…Are they kidding? Of course they aren’t…This is their plan. They should have to explain it in realistic terms.