Nov. 21, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today in a statement urged Congress to simply accept the sequestration option under the August debt deal:
“Given the alternatives, which were phony spending cuts and higher taxes on producers and job creators, sequestration is by far the better deal. There should be no discussion of revenue reform until there are actual spending cuts on the table. All we see now are reductions in the growth of spending. What a farce.
“Even under sequestration, the budget will still increase every single year from 2013 through 2021, albeit at a slightly slower rate. That is, if it even goes into effect. The only year that matters is 2012, when no changes in spending are slated. By the time the 2013 fiscal year rolls around, does anyone expect that even the modest reductions in the growth rate of spending under sequestration will ever be implemented?
“The only thing that has changed under this fiasco is that the national debt ceiling was increased without any real concessions. That’s more borrowing, more spending, and no reform. This is not what the American people voted for in 2010.”
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