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Allen Weh on Social Security

 

 


Prioritize cuts to fast-growing entitlements

Weh, CEO of CSI Aviation Inc., an aviation logistics company he founded in 1977, also said he believes financial cuts are needed to bring U.S. government spending in line with its revenues. He touted the fiscal expertise he's gained after more than three decades in private business, an enterprise he built from the ground up after leaving full-time military service. "I've had a lot of real-life experience," he said.

Weh said those management values from business should be carried over to federal finances. For instance, cash reserves--instead of debt--should be built up, he said. "Why doesn't the government have a little safety net?" he said. "Why doesn't it set aside money and keep it, so that when we have natural disasters like Hurricane Katrina, we don't have to go borrow money from China?"

Weh said he would prioritize cuts, and they'd include "entitlements overall." Examples include the food stamp program and Social Security disability, which have grown at a fast pace in recent years

Source: Las Cruces Sun-News on 2014 New Mexico Senate race , May 30, 2014

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