TMPDC has obtained the list of nearly $80 billion worth of cuts that Sens. Ben Nelson and Olympia Snowe and colleagues wish to see striken from the stimulus package. Here is a reported prediction: most of these cuts will be, in fact, cut. And the White House knows this. And the White House is privately encouraging this. The big, perhaps ultimate battle will be over education funding for states.
The US is particularly miserable at putting aside money for the future. Should we blame our paychecks or our psychology?