Higher Taxes Won't Teach The U.S. To Spend Less

In "Washington fiddles, the economy drifts" (Editorials, May 17) you make the statement: "And if [spending] cuts are made, Republicans must agree to higher taxes--if not corporate taxes, then certainly consumption, such as energy." This statement is absurd. The problem with the U.S. government is not a shortage of revenues but a surplus of spending. Only by accepting this fact and managing the excessive spending can the U.S. get its house in order.

Jack Haley

Warner Robins, Ga.

Before it's here, it's on the Bloomberg Terminal.