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3 things the administration should tackle in its*fiscal*2021 budget*

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Unread 02.07.20, 01:01 PM
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3 things the administration should tackle in its*fiscal*2021 budget*

02.07.20 12:46 PM

At this time*every year, the country awaits the president’s budget proposal. And*each February*brings an opportunity for an administration to finally put America on a path to fiscal sanity. Will this be the year that occurs?*We’ll find out Feb. 10, when the president’s*fiscal 2021 budget is submitted to Congress. For too long,*America has been on an unsustainable and unaffordable*fiscal path. Spending has skyrocketed as debt*has*ballooned, fueled in part by Washington’s culture of cronyism — all at a cost to prosperity. It will take substantive, realistic proposals to*reverse the effects. To produce a budget that will put America**on the correct path, the administration should keep*three*things in mind: The federal government can’t solve every problem Washington has a spending problem, and this bad habit*has caused the Congressional Budget Office to publish*a rather ominous outlook.*But, it’s not too late for*a*course-correction. When creating a budget, the administration*should focus on the constitutional functions of government, streamline duplicative programs, and*end*wasteful allocations. Perhaps the most egregious case of reckless check-writing comes in the form of corporate welfare and cronyism. Many proposals under discussion today create a culture of entitlement and dependency and*fuel*the notion that government, especially the federal government, can solve every problem. The truth*is,*it can’t — and […]

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