Cutting Military Spending Would Make for a Big and Beautiful Bill

By Ron Paul

​Last week, Moody’s Ratings lowered the United States credit rating. Fitch Ratings and S&P Global Ratings had already lowered the US rating. This new downgrade was driven by Congress’s failure to make any efforts to reduce the almost 37 trillion dollars national debt.

When Moody’s made its announcement, the House Budget Committee was scrambling to get the votes to pass legislation extending the 2017 tax cuts.

President Trump has dubbed this the “big beautiful bill.” The bill also has ne...