The Washington Version of Spending Cuts
Here’s a letter I sent to Politico:
The title of your November 10 article, “Panel leaders propose Social Security cuts,” is inaccurate. A cut is when spending goes down. Social Security spending will go up if Erskine Bowles and Alan Simpson’s recommendations are enacted. They would increase spending at a slower rate than under current policy. But it would still increase.
An increase is not a cut. Not even in Washington.
Fellow in Regulatory Studies
Competitive Enterprise Institute