Should budget rules force Congress to pay for tax cuts and spending increases?
McGavick: Yes. The government should have to live within its means. However, we can do this by reforming the way our government spends money, and not by raising taxes. As John Kennedy said, “An economy hampered by restrictive tax rates will never produce enough revenue to balance our budget, just as it will never produce enough jobs or enough profits.” Cantwell: Yes, tax cuts and spending should be paid for as they are made law, not deferred so future generations are forced to pay for them. Congress needs to make pay-as-you-go rules and line-item veto power apply to both mandatory spending increases and tax cuts so we can return fiscal discipline to our government and get our ballooning deficit under control. Should lawmakers consider both taxes and entitlement cuts to reduce the deficit? McGavick: No. A government with tax revenue increases of 15 percent in a single year that has to consider reducing benefits is a government in desperate need of reform. We must reform federal spending
