He could’ve chosen a cut in his salary, and the salaries of department heads in Washington, D.C., plus Congress. But I did not hear him mention that. He wants to scare the American people and then blame the Republicans for the sequester. No – the sequester was his idea.
Another responsible way to bring down our deficit is to review all services within government agencies and cut duplication or departments that aren’t necessary. For instance, each state has a department of education. The federal government does not need one as well, so eliminate it. And what about the Department of Energy and the Environmental Protection Agency as well?
Fraud is rampant with some income tax laws. There is a loophole allowing individuals to claim nieces and nephews as dependents (even though they aren’t dependents), and they end up collecting millions. The Internal Revenue Service has been told about this, but nothing has been done. This loophole needs to be fixed.
The federal government should not bail out corporations. Let them figure out how to make their companies solvent. They will if they want to survive.
The editorial in the March 6 Augusta Chronicle (“Be aware of the scare”) points out that federal revenue for this year will be $2.7 trillion. This is more money taken in from U.S. taxes than ever before. Our government already is taking in enough money to meet our obligations and to help pay down the deficit. The first two principles in money management are (1) spending less than you earn or collect, and (2) avoiding the use of debt.
Our problem is not the lack of revenue, but overspending. Raising taxes and/or the debt ceiling is not the answer. We do not need to go further into debt.
Ruth A. Johnson
North Augusta, S.C.