"The house we hope to build is not for my generation but for yours. It is your future that matters. And I hope that when you are my age, you will be able to say as I have been able to say: We lived in freedom. We lived lives that were a statement, not an apology."


Friday, November 04, 2005

Good But Not Good Enough

The Senate took a step in the right direction yesterday by passing a spending reduction bill amounting to $36 billion. It was only a step however, and a very small step at that. Compared to the sheer size of the federal budget yesterday's cuts were fairly small, and if not followed by further cuts in the future will do little to advance fiscal responsibility within the federal government.

Moreover, even in a bill designed to cut spending Washington lawmakers couldn’t help but throw in a few token pieces of pork. For example, the bill provides $3 billion in federal funds to "subsidize television converter boxes for an upcoming changeover to digital broadcasts." Seriously. The bill may reduce $36 billion in federal spending but in total it introduces other new spending totaling $35 billion. It has gotten so pathetic that even when congress sets out to cut spending it only ends up finding new ways to spend more.

Slight cuts are certainly welcome, but federal spending is still out of control and cutting bits and pieces of spending here and there only to offset those cuts with increased spending elsewhere is going to do very little to solve the federal government’s fiscal challenges. What is needed is a comprehensive budget-reduction effort that will redo and reduce the federal budget from top to bottom. Republicans have been in the majority for over eleven years now and the fact that this has not been accomplished yet should shame every Republican lawmaker into action; serious action that goes much farther than the Senate went yesterday.

No comments:

Post a Comment