As Congress prepares to act on President Obama’s budget this week, the Congressional Budget Office’s estimate of the budget deficit has created new pressure to reduce spending. Fifteen Senators, and a number of House members, have already suggested that Congress must reduce spending significantly below the levels that President Obama requested.
But Iowans need to be aware that reducing spending on domestic appropriations could make this recession longer and hurt our environment while doing very little to reduce the long term deficit.
As the Center on Budget and Policy Priorities warns policy makers:
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