U.S. Representative Eric Cantor, Republican of Virginia and House majority whip, said yesterday that the GOP would bring its own ideas for reining in spending. This, according to a report in The Wall Street Journal.
There is only one way to rein in non-discretionary spending. Change the statutes. Congress has been shirking its responsibilities on regulating and managing the economy for so long that it has gotten to the point where it is scared to use the weapons at its disposal.
Congress needs to get over this fatalistic attitude toward the budget and the deficit. “Oh there is a bogey man out there and we don’t know what to so about it.” Of course you know what to do about spending. If these programs in question have no constitutional support; are not important to our national security and general welfare; do not promote commerce; and have nothing to do with the management of our natural and human resources; then it its time to cut them.