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A trippy idea or fiscal genius? Two pols idea to smoke away the deficit

What if the United States could shrink the federal deficit and get high at the same time? Two congressmen calling for the legalization of recreational marijuana say it’s not such a trippy idea.

Rep. Earl Blumenauer (D-Ore.) and Rep. Jared Polis (D-Colo.) say marijuana legalization is a common sense fiscal policy that could save the government billions of dollars through a combination of tax revenues and savings from not pursuing costly enforcement and incarceration.

“We are trying to rationalize federal drug policy,” Blumenauer tells Top Line. “We’re spending too much money on enforcement for something most Americans think should be legal, and we’re losing revenue. And we’re going to create federal train wreck if we don’t fix it.”

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