Pound Foolish

City, county, state and federal budget crises are the dominant issues facing government, business and the public.  In what has become an annual event, elected officials and administrations scramble to balance budgets by coming up with policy ideas that save pennies but are more than a pound foolish.

At the federal level, cutting back EPA’s budget by up to 30% has nothing to do with fiscal prudence.  If the House was as serious about major cuts as it is about rolling back environmental protections, then eliminating tax loopholes, agribusiness and oil and gas subsidies, and reducing defense spending would be part of the dialogue on the Hill.

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