Real Deficit Reduction Demands Real Spending Cuts
Publication Date: August 1992
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Scott A. Hodge
Research Area: Banking and finance
Keywords: Budget
Type: Report
Coverage: United States
Abstract:
Lawmakers and candidates this year will offer many ways to put America’s fiscal house in order. The details will differ. And it is easy to offer a proposal if political reality is ignored. But unless a deficit reduction plan focuses on wasteful and unnecessary spending, and reduces the underlying costs of entitlement programs rather than cutting benefits, it is unlikely to be a serious plan.
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