We are running federal budget deficits of almost 10% of GDP. We are borrowing 40 cents out of every dollar we spend.
So why are we discussing this nonsense about raising taxes?
Let me make this suggestion to Speaker Boehner:
1) Present "real spending cuts" and tell the public about it. I would use Paul Ryan and others to make the case to the voters.
2) Show flexibility on "raising taxes on the rich" but only if there are real spending cuts.
3) Obama-Care has to be on table. You can not reform entitlements without reforming entitlements.
Pres BO faces a huge challenge because his base wants to keep the welfare state going. The GOP needs to stand tall and call on spending cuts.
Tags: We have a spending problem To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!
