There are a plethora of other plans to cut wasteful spending and the deficit, starting with Citizens Against Government Waste’s Prime Cuts, which would reduce spending by $1.2 trillion over five years. The Government Accountability Office has issued two reports identifying $400 billion in annual duplication and overlap, according to estimates by Sens. Tom Coburn (R-Okla.) and Jeff Sessions (R-Ala.). And the Congressional Budget Office issues its own report on spending options every year, identifying hundreds of billions in savings.
There is no shortage of ideas, just a continuing lack of bipartisan will to agree to solutions. That is one of many reasons why polls show Congress at record-low approval levels. It is also why many pundits are calling the November elections the most important of our lifetime.
Thomas A. Schatz is the president of the Council for Citizens Against Government Waste.