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Argument: Britain raised taxes, cut spending in 2010, so can US

Issue Report: Expiring Bush tax cuts for the wealthy in 2010

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“Our view on balancing the budget: To help control the deficit, let the Bush tax cuts expire.” USA Today Editorial. July 21, 2010: “With the nation edging ever closer to a major debt crisis, there simply isn’t much choice but to start living within its means. That message is being heard in other debt-laden parts of the world. British Prime Minister David Cameron, for example, has put forward a budget that slashes spending 25% and hikes taxes. Remarkably, his fiscal responsibility is politically popular. The message needs to be heard on this side of the Atlantic. Allowing the Bush tax cuts to expire, while simultaneously reining in bloated benefit and military programs, would be an indication that it is.”