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No Matheson plan
This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Re "Mia Love's budget plan: Do her deep cuts go too far?" (Tribune, July 5):

Regarding Republican congressional candidate Mia Love's proposed budget reductions: With our national debt approaching $16 trillion and annual deficits of $1 trillion, we will continue to roll over that debt as it comes due.

Current interest rates are historically low, but they can not remain so forever. As our debt starts reaching a tipping point in relation to its percentage of the gross national product, the market will demand a higher interest rate.

At some point, the cost to roll it over will crowd out federal spending on all discretionary programs to the point that whole programs will have to be eliminated. Paying interest on the debt has first priority.

Give Love credit. She at least recognizes the problem and has the courage to propose a solution at the risk of bringing down on her head all the special interests.

Voters in Utah's 4th Congressional District should ask what plan her opponent, Rep. Jim Matheson, has to solve the problem. If he refuses to address the problem, then he doesn't propose to do anything. That is not an option.

Robert Sleight

Layton

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