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Monday, May 09, 2011

On Spending Cuts, Democrats Give Voters the Brush Off

The parties have very different goals. While Republicans want a cap on spending, Democrats favor a ceiling on the deficit. The distinction is significant. A spending cap is straightforward. But a cap on the deficit can be satisfied by raising taxes, which Democrats prefer.

...neither the White House nor congressional Democrats have initiated any net reductions in spending. Not once since the election. Their strategy is to defer to Republicans, then denounce whatever cuts Republicans come up with.

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