Everyone SAYS they want to cut the budget deficit, but when it comes to actually agreeing on a course of action, it’s not exactly a piece of cake.
President Barack Obama says his budget plan would halve the deficit by 2013. “So what we’ve done here is make a down payment, but there’s going to be more work that needs to be done, and it’s going to require Democrats and Republicans coming together to make it happen,” he said.
But Democrats and Republicans are far from seeing eye-to-eye on how to go about deficit cutting.
House Republican Leader Eric Cantor explained the difference as he sees it: “For years, Democrats have proposed more government spending to create jobs, resulting in the largest debt and deficits in history while unemployment remains too high. Republicans believe in free markets and the ability for small businesses and entrepreneurs to keep more of their own money so they can invest, grow their companies and hire employees.”
At some point both parties are going to have to start singing “stuck in the middle with you,” or nothing’s going to move.