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Shikha Dalmia in the Washington Examiner on Obama’s Sequester Hysteria
March 3, 2013, 9:16 am
Filed under: Uncategorized

Shikha Dalmia in the Washington Examiner on Obama’s Sequester Hysteria:

President Barack Obama has been jetting around the country
warning that we’ll all be turning into pumpkins now that the
sequester deadline has come and gone. But Reason Foundation Senior
Analyst Shikha Dalmia writing in the Washington Examiner notes that
there is a simple way for Obama to postpone apocalypse: Recall the
nearly $60 billion in bailout money that auto companies and Wall
Street fat cats are still sitting on. She notes:

It is offensive to hold basic government services hostage to tax
increases, while at the same time lavishing billions on corporate
entities. To be sure, at some point, these services must be cut,
since this year’s sequester is just a tiny down payment on what’s
needed to restore America’s fiscal health. But it will go down much
easier if taxpayers have confidence that corporate fat cats are not
living it up on their dime.

Go
here
to read the whole thing.

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