Politics

Slashing the State

|

The Cato Institute's Chris Edwards offers the GOP some solid advice on cutting government spending:

Some initial targets for GOP reformers, with rough annual savings, could include: community development subsidies ($15 billion), public housing subsidies ($9 billion), urban transit subsidies ($9 billion), and foreign development aid ($18 billion). On the entitlement side, initial cuts could include raising the retirement age for Social Security and introducing progressive price indexing to reduce the growth rate of future benefits.

We will not get federal spending under control unless we begin a national discussion about specific cuts. And we won't get that discussion unless enough members of Congress start pushing for specific cuts.

Speaking of specific cuts, Reason recently proposed 14 ways to dismantle our monstrous government, one program at a time. Read all about it in "How to Slash the State."