35 ordspråk av Brian Riedl
Brian Riedl
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It's easy to practice checkbook compassion.
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The current trend points to tax increases in the long run. The political will to make the difficult decisions on spending is lacking.
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It's symbolic progress for Congress to learn that they can terminate programs without the sky falling. Maybe they can come back next year and start terminating programs whose costs make a difference.
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Yes, it's true that earmarks are only 1 percent of all federal spending, but earmarks have a cultural effect on Congress that is much larger than their cost. It fuses Congress together with lobbyists and creates a culture of government spending as a means to re-election, which bleeds into other areas.
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342 separate economic development programs [and] similar massive duplications.
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The fiscal situation will probably have to worsen and cause some economic pain before it becomes a priority.
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The White House always says it's [due to] defense and homeland security...but even without defense and homeland security it's record spending. The brakes are off everywhere.
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Earmarks could be worthy or not, but we still consider it corrupting because lawmakers are deciding who gets a grant.
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Budgets are political documents, and this budget will likely have the goal of trying to show a declining deficit without endangering anyone's re-election prospects.
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There is no shortage of candidates for elimination. There is only the shortage of political will to make the difficult decisions.
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More than anything else, this one program threatens the long-term federal budget.
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I generally would still not count that as an earmark, even though it has a similar effect, because it is such a gray area of how specific is too specific when setting eligibility criteria. I obviously oppose those provisions, but I would not classify them the same as spending earmarks that actually list the name.
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The biggest economic danger of the next 50 years is the coming crisis in entitlement spending. The problem is the entire health care system is in crisis. The entire U.S. health care system needs to be overhauled. If not, it will literally bankrupt the federal government.
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President Bush's pledge to halve the budget deficit by 2009 distracts policymakers from the real issue of unsustainable trends in long-term entitlement spending. The president's proposal to slow Medicare's 9% annual growth rate is a good fiscal step, but the budget does not propose enough immediate and bold reforms to the quickly growing entitlement programs that threaten to overwhelm the budget.
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States are dumping more and more expenses on federal taxpayers. States love to spend federal money because state voters don't pay for it — or at least think they don't pay for it.
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