Commentary-
To get a handle on how out of control federal spending has become, consider this: It surged to $30,000 per household in 2009. That's up from $21,000 (adjusted for inflation) in the 1980s and '90s. Yet rather than cut back, Congress plans to spend even more.
Lawmakers want an additional 11 percent domestic discretionary spending hike in 2010, as well as an expensive new health care entitlement. In the absence of spending restraint, closing these budget deficits would require permanent tax increases exceeding $8,000 per household.
This is absurd. Instead, Congress should reform Social Security and Medicare, eliminate outdated programs, and take back unspent stimulus and financial bailout funds. They could at least build budgetary credibility with the American people by cutting indefensible government waste, such as the following examples:
President Obama and Congress have no right to demand higher taxes from the American people until they first clean up this wasteful spending. And taxpayers should ask themselves whether it is wise to entrust wasteful Washington with more power over their health care.
Everyone else is tightening their belts. Now it's Congress' turn.
Brian M. Riedl is Grover M. Hermann Fellow in Federal Budgetary Affairs in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation.
Distributed Nationally on the McClatchy-Tribune Wire
President Obama and Congress have no right to demand higher taxes from the American people until they first clean up this wasteful spending.