Heritage Blueprint Shows Lawmakers How to Balance Budget Without Hiking Taxes or Weakening Defense

Great blueprint — but how many people even know it exists? Here is Rachel del Guidice writing at the Heritage Foundation:

Balancing the budget without raising taxes and still maintaining strong national defense are the main goals in a new budget blueprint released by The Heritage Foundation Tuesday.

“We emphasize is that it’s possible to balance the budget without raising taxes and while strengthening our national defense, which we demonstrate in the product,” Romina Boccia, deputy director of the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, told The Daily Signal in an interview.

“It is sort of like a ‘no excuses for Congress anymore’ [message] because we know that you can do it because we’ve done it,” Boccia said.

The “Blueprint for Balance: A Federal Budget for Fiscal Year 2018” highlights “over 160 different policy proposals that reduce nondefense discretionary spending by $87 billion in fiscal year 2018,” according to Rachel Greszler, a senior economic policy analyst at The Heritage Foundation.

The blueprint, according to Greszler, also suggests “reforms that would reduce spending by another $31 billion.”

Some of the programs that the blueprint suggests cutting in order to reduce government spending including the Corporation for Public Broadcasting, which would save $486 million in fiscal year 2018 as well as the National Endowments for the Arts and Humanities, which would save $308 million.

With the increase of media sources and broadcasting services, the 2018 “Blueprint for Balance” maintains that the Corporation for Public Broadcasting could flourish in the public sector and “make up lost funding by increasing revenues from corporate sponsors, foundations, and members.”

Federally funding the National Endowments for the Arts “is neither necessarily or prudent,” and the 2018 “Blueprint for Balance” suggests that federal funding of these programs aids in promoting “cultural cronyism.”

The “Blueprint for Balance,” according to Boccia, illustrates the amount of waste in the federal budget and how needless programs must be eliminated.

Read more: Heritage Foundation