Wednesday, October 27, 2010

A real debate on spending?

Next year is going to be a big test of our national seriousness about spending, taxes and the deficit. Anyone serious about the subject understands that you can't dig out of the defict hole by either just spending cuts or tax increases -- it has to be a combination of both. And the spending cuts have to deal with health care, entitlements & defense. Anyone that says spending cuts on domestic discretionary spending alone will relieve our chronic deficit problem should just be written off as: not-serious.

Cutting spending has been a huge theme of the election and many new members of Congress will believe they have a mandate on this issue, but as this article shows, it has not been a serious debate. Keep a close look at the debate on the budget next year -- is it a fight over funding of NPR and the National Endowment of the Arts, halting road signs announcing stimulus projects, & earmarks, or do the parties have the guts to start leveling with their constituents and addressing the big issues.

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