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Federal budget solutions

 

Sequestration, the symbolic and ridiculous budget cutting bill that was allowed to become law, has been lampooned by almost every responsible political analyst in the country. It appears the overriding reason that it was allowed to become law is that the Republicans in the House needed to do something to assure their constituents that spending was going to be cut after agreeing to accept the end of the Bush tax cuts for income above $400,000. The public forgets that over $1.5 trillion in spending cuts was enacted as part of the deficit reduction program. Before any further spending cuts are initiated, tax breaks to millionaires and the fossil fuel industry need to be repealed, capital gains need to be taxed the same as earned income, and the bloated military budget needs to be drastically cut.

Kevin O’Keefe, Miami Gardens

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