VIDEO: Congress Must Cut Spending

Brandon Stewart / December 03, 2010

In advance of today’s vote on the National Commission on Fiscal Responsibility and Reform’s report, there has been increased attention on the nation’s fiscal health and the serious dangers posed by our out-of-control national debt. But while this issue has garnered increased scrutiny, some continue to ignore the real cause of our debt and deficit problems—rampant spending—focusing instead on raising taxes.

The debt commission’s recommendations are a perfect example. Heritage today put out a comprehensive WebMemo analyzing this problem with the report, noting that while it contains modest reforms, it fails to adequately tackle our most severe problems, recommending instead raising taxes by $3.3 trillion over the next decade. (more…)