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Saturday, February 12, 2011

postheadericon Shared sacrifice

Now comes the not-so-fun part.

It is awfully easy to talk about cutting spending. It is awfully easy to talk about shrinking government. It is awfully hard to actually do it.

Over the next several months, the Congress is going to take on three big challenges that have implications for the future fiscal health of the country.

First, it has to decide how to fund the government this year. Second, it has to figure out if and when it is going to allow the government to go deeper in debt. Third, it’s going to produce a budget for the next year.

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