It’s always dangerous to trust the media, but it’s even more dangerous to trust their headlines. Mickey Kaus notes a Politico story headlined “CBO figures throw cold water on cuts-only approach”. What does the story actually say?
Even if spending were frozen in place, the nation’s debt keeps piling up, absent more structural benefit reforms and tax revenue.
This is perfectly obvious to anyone paying attention. It’s not good enough to keep spending “frozen in place”, we need deep spending cuts. We particularly need deep cuts to entitlement spending, which is exactly what “structural benefit reforms” are. Nothing here throws even a drop of cold war on a “cuts-only approach”.
POSTSCRIPT: Kaus pointed out the inaccurate headline a week ago and Politico still hasn’t fixed it.