The U.S. Public Interest Research Group (U.S. PIRG) and National Taxpayers Union (NTU) have joined together to propose a list of 30 specific recommendations to reform our future spending commitments. If enacted in their entirety, these changes would save taxpayers over $600 billion in total by 2015, the target date for the Fiscal Commission to reduce our publicly-held debt-to- GDP ratio to a more sustainable level of 60 percent.
While our organizations have often differed about the proper regulatory scope of government and a host of tax policies, we are united in the belief that we spend far too much money on ineffective programs that do not serve the best interests of the American people.
The cuts deal with specific reforms to entitlement programs, defense spending, wasteful subsidies and a broad range of discretionary items of a smaller scale. While these proposals won’t get us all the way there, it is a start that could establish some common ground and make government more accountable in the process.
Phi Beta Iota: The cuts are glaringly obvious and glaringly representative of the deliberate unwillingness of the Congress to properly represent the tax payer and the public interest. However, the cuts do not go nearly far enough, leaving most of the military budget intact, avoiding the intelligence budget completely, and generally not thinking in new terms such as the elimination of all income taxes, substituting the Automatic Payment Transaction (APT) tax.