In an op-ed, Rep. Jason Chaffetz disputes the notion that raising taxes on the rich is necessary to reduce the deficit and argues that "the only real option in balancing our budget is to dramatically cut spending."
[A] primary argument against raising taxes to balance the budget is that Congress and the President will undoubtedly spend the increased revenues. Proponents of raising taxes to balance the budget can only be taken seriously when they stop supporting legislation to increase spending and begin supporting legislation to cut spending.
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