HIT & RUN BLOG

Next month the Joint Select Committee on Deficit Reduction is expected to propose $1.2 trillion in cuts from projected spending during the next decade. This week Rep. Ron Paul (R-Texas), who is seeking the Republican presidential nomination, unveiled a plan to cut nearly that much in 2013 alone, followed by similar cuts in the next two years, yielding a balanced budget by 2015. Senior Editor Jacob Sullum says the contrast between the so-called super committee's goal and Paul's plan shows how pathetic official Washington's gestures of fiscal responsibility are, even in these supposedly straitened times. 

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