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Cato Podcast

Real Spending Reform Means Cutting Spending

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 25 May 2017

⏱️ 17 minutes

🧾️ Download transcript

Summary

Can Congress achieve real spending cuts without a credible cap on total spending? Jonathan Bydlak of the Coalition to Reduce Spending has some ideas.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Thursday, May 25th, 2017.

0:05.0

I'm Caleb Brown.

0:07.0

When it comes time for a president's budget to actually land in Congress and go through the usual

0:11.4

meat grinder, the compromises that emerge are often on the

0:14.8

side of more spending for you and more spending for me. But cutting spending demands

0:20.4

more than a compromise on the side of bigger budgets.

0:23.7

Jonathan Bidlack is president of the coalition to reduce spending.

0:27.2

He says the silver lining of inefficient government is there are lots of ways to cut. The constant refrain from me and I think you and other people

0:40.6

who care about spending restraint is that the only way Congress ever

0:44.8

compromises on spending is to give each other more spending. I'll vote for yours if you

0:50.7

vote for mine and that seems to be entirely backwards if you care about spending

0:56.6

restraint and how do we get to a point where in order for Congress people to compromise on spending that they're doing

1:07.8

so in the form of cuts.

1:09.8

Right.

1:10.8

I think there are two components.

1:11.8

I mean one and the most obvious is that you need demand from the electorate.

1:15.8

You need people who care about this issue enough to vote on it.

1:20.0

And we have that sort of, I think, with a segment of the Republican Party, not all.

1:25.0

And we have very little, unfortunately, within the Democratic Party.

1:28.0

And so one big task is just getting people to realize the nature of the problem and to demand solutions along the lines they do with other

1:34.9

policy issues.

1:36.7

The second part of that equation I think is a more technical one which is that we need rules

...

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