As Congress debates whether and how to raise the national debt ceiling, one thing is clear: big cuts in government spending are on the horizon.
Some members of Congress are seriously proposing to cut Medicare, Medicaid, and other programs that help some of the most vulnerable people in our communities. Although a growing numbers of leaders from across the political spectrum are calling for cuts in the massive Pentagon budget,1 a majority in Congress is still balking at making significant cuts.
Make your voice heard now. The president has asked for a plan by the end of next week, and congressional negotiators are staying up late trying to figure out what will and will not be cut. Please contact your members of Congress today
to save $2 trillion over the next ten years by cutting $1 trillion from the Pentagon budget2 and closing tax loopholes that benefit primarily the wealthiest households and corporations.3
The answers to when and how government should act to restore integrity to the federal budget will reveal a great deal about the priorities of our nation. All of us have a stake in helping to set the priorities that should guide this debate.
2. See the report "Debts, Deficits, and Defense: A Way Forward," prepared by a range of groups including the Libertarian Cato Institute, the Project for Defense Alternatives, and Taxpayers for Common Sense.
3. See the CBO report "Reducing the Deficit: Spending and Revenue Options."