Budget Deal Includes More (Empty) Promises to Cut Spending in the Future
By Christine Harbin Hanson
The CBO came out with a score for the bloated Ryan-Murray budget deal. Looking at the changes to direct spending, we see that nearly 60 percent of the savings are pushed to the last two years, 2022 and 2023.
Shifting the cuts to the out years is very concerning. If Congress isn’t willing to deliver on their promises of cutting spending now, then how can we believe that they will be willing to do so in the future? American taxpayers deserve spending cuts now, not promises to cut spending later. We see that Congress consistently reneges on them.
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