Tuesday, December 07, 2010

The Jacket Speaks

Nick "The Jacket" Gillespie and KPC friend Veronique de Rugy have a plan to balance the budget. It does not involve tax increases, but it does involve spending cuts. Here it is...

I do want to be clear on my opposition to "The Deal" out of Washington. It's fine with me to extend/preserve the tax cuts. But since we have a growing deficit, that just means we are failing to pay for our spending.

And as Angus said this morning, the total spending cuts in "The Deal" are....negative! The Deal increases spending.

Any deal that does not involve spending cuts is no deal at all. DAFT!

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