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Where to Cut and Eliminate |
| Section: CURRENT ISSUES / SPECIAL REPORT--AN AGENDA FOR THE NEW ADMINISTRATION |
| Author: Donald Lambro |
| Publication: The world & I online |
| Issue Date: 1/1/1993 |
| Size: 3,202 Words, 20,151 Characters |
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The enormity of the deficit-cutting task that faces President-elect Bill Clinton is staggering, yet not impossible. The federal deficit is nothing more than the accumulation of excessive, nonessential, and unaffordable expenditures that can be cut back or repealed one by one.
But to achieve his declared goal of cutting the deficit in half in four years Clinton must achieve a level of budgetary discipline that past presidents, Democrat or Republican, have not exerted in many years. His success will also depend on economic programs that revitalize the economy by stimulating new business investment and the economic growth essential to producing the revenues government needs to balance its books. There can be no meaningful, long-term deficit reduction without strong economic growth.
...
. . .
...of tax payers.
Everybody decries the yearly deficit and the government's ever-mounting national debt, but, sadly, Congress and the executive branch still have not addressed its root causes: a dysfunctional, unaccountable, loophole-ridden budget system that remains wildly out of control. The ball is now in President-elect Bill Clinton's court and that of the Democrat-controlled Congress.
(812 of 20,151 characters)
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