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.
GET REASON MAGAZINE
Get Reason's print or digital edition before it’s posted online
- Peter Suderman: Obamacare's 12 false premises and broken promises. Plus: The long, tortured quest for a conservative health policy.
- Consumers should drive medicine
- Jacob Sullum: Prosecutors disarm defendants by freezing their assets
- Ronald Bailey: The Aloha State’s dishonest anti-biotech campaign