I know there are Democrats who don't want to give up spending, Republicans who don't want to give up any tax breaks for the wealthy and members of both parties who don't want to give up pet projects back home, but now is a time for shared sacrifice. Americans want members of both parties to put all options on the table to start solving this problem.But,how many Democrats and Republicans really want to spend less money? It doesn't appear many do because $50 billion in spending isn't that big of a cut in a multi-trillion dollar budget.
I believe that we can quickly find $100 billion for Gulf Coast reconstruction with a balanced approach that finds half the money in spending cuts and half the money in the delay and repeal of tax breaks, primarily for millionaires.
To cut $50 billion in spending, we could put a two-year moratorium on all pet projects and other local spending. We could defer projects such as the $10 billion mission to Mars or eliminate unnecessary business subsidies.
Tuesday, November 15, 2005
Obama Against Pork?
Senator Obama says: