Tuesday, August 13, 2013

The Budgetary Success of the Sequester:

"The biggest underreported story out of Washington this year is that the federal budget is shrinking and much more than anyone in either party expected. ...
The sequester is squeezing the very programs liberals care most about — including the National Endowment for the Arts, green-energy subsidies, the Environmental Protection Agency and National Public Radio. Outside Washington, the sequester is forcing a fiscal retrenchment for such liberal special-interest groups as Planned Parenthood and the National Council of La Raza, which have grown dependent on government largess. ...
Liberals had hoped that re-electing Mr. Obama, the most pro-spending president since LBJ, would unleash another four years of Great Society government expansion. Instead, spending caps and the sequester are squashing these progressive dreams. Welcome to the new fiscal reality in Washington. All Republicans need to do is enforce the budget laws Mr. Obama has already agreed to. Entitlement reforms will come when liberals realize that the unhappy alternative is to allow every program they cherish to keep shrinking." — Stephen Moore, Economics Writer Wall Street Journal