Monday, October 04, 2010

It's Simple to Balance The Budget Without Higher Taxes

This latest mini-documentary from my old friend Dan Mitchell debunks the statist argument regarding the need for higher taxes.

Various politicians and interest groups insist higher taxes are necessary because it would be impossible to cut spending by enough to get rid of red ink. This Center for Freedom and Prosperity video shows that these assertions are nonsense. The budget can be balanced very quickly by simply limiting the annual growth of federal spending.