A True Balanced Approach

A True Balanced Approach

As Marc Thiessen writes in the Washington Post, President Obama, whether he likes it or not, actually did get his balanced approach to the sequester.  According to the Simpson-Bowles Commission, for every $1 in tax increases, there should $3 in spending cuts.  That sounds reasonable.

U.S. Senator Rob Portman (R-OH), who served as Director of the Office of Management and Budget under U.S. President George W. Bush, says the sequester would cut $2.78 for every one dollar in additional taxes.  So by the standards of the Simpson-Bowles Commission, we have not cut enough.  When one looks at the sequester as far as spending being cut, it is not bad at all.

However, there is one problem.  The cuts do not hit where they should but instead cut from vital services such as national security.

While Republicans have not been able to get everything they want, Marc Thiessen says it well when he writes, “…for a party that controls just one half of one branch of the federal government, [the deal] is not bad.”

Read the full Washington Post column here.

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