Spending Control Is Missing in D.C.
As members of Congress were debating a massive tax reform bill last month, many critics were vociferous in saying they just could not vote for it for one reason: The measure will increase the national debt.
There was much wailing and gnashing of teeth over the $20.6 trillion national debt and how it simply could not be allowed to grow.
As we pointed out at the time, all that concern over deficit spending struck a bit of a sour note, coming as it did from many lawmakers, both Democrat and Republican, who played parts in digging the nation into a deep hole of debt.
But during weeks of hand-wringing about increasing the debt — by less than $1.5 trillion over 10 years, according to estimates — one thing was conspicuous for its absence.
Though increasing the debt by leaving more money in Americans’ pockets was condemned by some liberals, nothing was said — nothing — about controlling the debt by cuts in federal spending.
How is it that big-government spenders in Washington are getting away with that? This year would be a good time to remember that the debt is a problem not of revenue — but of spending too much.