Tap to enable a layout that focuses on the article.
Advertisement

Budget Debate

Let me see if I understand the budget debate. Clinton wanted to balance the budget in eight years, but the Republicans insisted on seven. Medicare has to be cut by $270 billion to save it. A $245-billion tax cut is needed for symbolic value.

As the economy continues to grow and the federal deficit comes down, shouldn’t it be possible to use that $245 billion to eliminate the budget deficit in five years instead of seven? Does this smell like pay-back time for the GOP’s wealthy benefactors, or am I missing something?

BERNARD D. ROTH

Santa Barbara

Sign up for the L.A. Times California Politics newsletter

Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox twice per week.

Advertisement
Advertisement