Domestic discretionary spending on education and health care and the environment has been growing at 2 to 3 percent a year. He says we have to rein it in, but he ignores the spending category that is the big spike in the budget.
John SprattThree big assumptions proved wrong: one, that the Iraqi people would welcome us as liberators; two, that oil would soon pay for Iraqi's rebuilding; and, three, that we have plenty of troops, weapons, and equipment for the postwar situation.
John SprattWe can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.
John Spratt