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On Spending: No Sacred Cows

November 12, 2013 in Economics

We face another budget crisis and possible government shutdown as early as January, unless Congress can come together on a bipartisan basis to cut spending. Both Democrats and Republicans must be willing to cut programs that are championed by special interests in their parties. There can be no more “sacred cows.” In an ad running in Politico, Roll Call, and The Hill, policy experts at the Cato Institute offer a plan that balances the budget and reduces our dangerously high debt burden by cutting more than $3 trillion over 10 years.

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