Heading into the final two months of the mid-term election campaign,most voters believe that Democrats in Congress want to raise taxes andspending while Republicans in Congress want to cut taxes and spending.
Once our nation's economy is back on track, we should take measures toreduce the debt. We are going to have to bring our expenditures in linewith our revenues. And we're going to have to shift resources from ourless important priorities to our more important priorities. PresidentObama should publicly lay out his plans and goals for this now, so thatthere can be no doubt of his intentions.
The CATO Institute estimates corporate welfare programs andfederal subsidies to top $90 billion annually, including over $30billion for crop subsidies. Dan thinks this is one place to look forspending reductions, among others.