The truth is that the terrifying sequester cuts weren’t even cuts. They were merely a small reduction in government’s planned increase in spending. A very small reduction.
After a decade, the federal government will simply spend about $4.6 trillion a year instead of $4.5 trillion (in 2012 dollars).
And still members of Congress, Republicans included, look for ways to delay the cuts, like spreading them out over 10 years instead of making any now. Sen. Rand Paul, R-Ky., asked, “If we cannot do this little bit … how are we ever going to balance the budget?”
Actually, we don’t even need to balance the budget. If we just slowed the growth of government to 1 or 2 percent a year, we could grow our way out of unsustainable debt.
Paul recommends freezing hiring of federal workers, staying out of most foreign military conflicts and eliminating four Cabinet-level departments: Housing, Education, Energy and Commerce. Why do we even have a Commerce Department? Commerce just happens. The free market provides housing and energy. Education is funded by states.