Politics & Government

December 13, 2012 2:05 PM

There are 150 million reasons it’s so hard to cut federal spending

There’s solid support for raising taxes on the wealthy to avoid the “fiscal cliff,” but tax increases alone won’t solve the problem. Cutting spending is extremely difficult, however. Look in the mirror for the key to the problem: An ever-increasing number of Americans get a piece of federal spending.

Related content

Comments

Videos

More Videos

Death penalty politics 01:52

Death penalty politics

College sophomore from South Carolina honored at White House Correspondents Association dinner 00:27

College sophomore from South Carolina honored at White House Correspondents Association dinner

Obama's last White House Correspondents' Association Dinner speech 32:40

Obama's last White House Correspondents' Association Dinner speech

What are ‘bathroom rights’? 01:17

What are ‘bathroom rights’?

British royal family, Obamas trash talk ahead of Invictus Games 00:40

British royal family, Obamas trash talk ahead of Invictus Games

Senators McCain, Roberts have heated exchange over Obama’s Army nominee 02:32

Senators McCain, Roberts have heated exchange over Obama’s Army nominee

John Boehner calls Ted Cruz ‘Lucifer in the flesh’ 00:45

John Boehner calls Ted Cruz ‘Lucifer in the flesh’

Funniest presidents of the last 25 White House Correspondents' Dinners 02:24

Funniest presidents of the last 25 White House Correspondents' Dinners

Gov. Nikki Haley: Keep Gitmo detainees out of South Carolina 07:48

Gov. Nikki Haley: Keep Gitmo detainees out of South Carolina

Will Carly Fiorina help Ted Cruz win the Republican nomination? 01:30

Will Carly Fiorina help Ted Cruz win the Republican nomination?

Can Cruz + Kasich really stop Trump? 01:24

Can Cruz + Kasich really stop Trump?

The behind-the-scenes battle for the Republican nomination 02:01

The behind-the-scenes battle for the Republican nomination

Share Video

Death penalty politics

Politics & Government Videos