Analysis

Cut Spending in the Tax Code: Wasteful Tax Expenditures Are Fertile Ground for Deficit Reduction

Washington, D.C.–(ENEWSPF)–March 21, 2011.  Our nation needs jobs, a strong and competitive economy, and deficit reduction. The way to win that trifecta is not the House of Representatives’s continuing resolution for the remaining seven months of fiscal year 2011—a bill panned by a wide range of economists from across the political spectrum as a threat to economic recovery and a job destroyer. And the way to get deficit reduction is not as the House-passed bill does, to initiate immediate cuts concentrated in one narrow area of the budget that funds the most critical investments for long-term economic growth.

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