Posts tagged ‘spending restraint’

Its Simple to Balance The Budget Without Higher Taxes

CBO Baseline Budget

Politicians and interest groups claim higher taxes are necessary because it would be impossible to cut spending by enough to balance the budget. This Center for Freedom and Prosperity short video shows that these assertions are nonsense. The budget can be balanced very quickly by simply limiting the annual growth of federal spending

Here are the main points of the video:

What would it take to balance the budget without higher taxes? Deficits are caused by too much spending. According to the Congressional Budget Office, the Federal Government is [...]

Category: Too Much Debt and What To Do Read More