The GOP's Budget Cowardice | Michael D. Tanner | Cato Institute: Commentary

The GOP's Budget Cowardice | Michael D. Tanner | Cato Institute: Commentary: "It's time to face some hard facts: To actually bring the budget into balance by 2019 will require as much as a 20 percent reduction in spending relative to the level to which it would otherwise grow with inflation. That's total spending, not just domestic discretionary spending. To truly roll back the size of government — to, say, the 18 percent of GDP it consumed during the Clinton presidency — would require even bigger cuts. How does the GOP pretend that we can get there simply by cutting 'waste, fraud, and abuse,' and without putting entitlements or defense on the table?"