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Debt limit deal brings inadequate spending cuts | READER COMMENTARY

House Speaker Kevin McCarthy listens at a news conference after the U.S. House of Representatives passed the debt ceiling bill at the U.S. Capitol in Washington, D.C. on Wednesday, May 31, 2023. (AP Photo/Jose Luis Magana)

The editorial, “Debt limit: A compromise that deserves passage (but not praise)” (May 30), was off base. How can you claim that this deal creates some belt-tightening? Best-case scenario is this deal reduces spending by $1.5 trillion over the next 10 years. That’s not even scratching the surface of what is needed.

The Congressional Budget Office forecasts an average deficit of over $2 trillion per year for the next 10 years. This country needs real belt-tightening. Total revenues in 2022 were up 41% from pre-COVID 2019.

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Washington has a severe spending problem, not a revenue problem, and it needs to do what any business, nonprofit or household needs to do in this situation — make the hard cuts and balance the budget.

— Jerry Solomon, Naples, Florida

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