Brookings offers some recommendations concerning what Obama should do next to get government spending under control. I don't agree with all of them but one has real merit. One of the reasons we have an exploding deficit is that Bush took us into two wars without paying for them. Brookings suggests: "Starting no later than 2015, all foreign combat commitments should be fully paid for, with a war surtax if necessary." Now that's an idea worth considering. If we are going to go to war and send American troops in harms way then we should be willing to pay a little extra in taxes to cover the costs. If we aren't willing to have our taxes go up, even a little bit, to support American troops in combat, then maybe the combat isn't that important to us after all. Would we have spent the money we have spent in Iraq and Afghanistan if we had to pay for the cost with increased taxes? Maybe so. But then again, maybe not. It's an idea worth considering.
You can check out the rest of the Brookings recommendations by going here: