The Humble Libertarian

Thursday, December 9, 2010

Fiscal Responsibility or Bipartisan Nonsense?

From the howls of outrage greeting the report of the bipartisan National Commission on Fiscal Responsibility and Reform, one would think that they had slashed government to the bone, throwing the elderly, poor, and sick into the street.

The commission "tells working Americans to drop dead," said AFL-CIO president Richard Trumka. "Unconscionable," says Rep. Jan Schakowsky (D., Ill.), one of the commissioners who voted against the final report. "Unacceptable," declared outgoing House speaker Nancy Pelosi.

In reality, the commission report doesn't go nearly far enough in reducing the size, cost, and intrusiveness of government. As a matter of fact, the commission doesn't actually "cut" federal spending.

at Cato.org

Michael Tanner is a Senior Fellow at the Cato Institute

Filed by Grant Davies,
Regular Columnist, THL
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