Wednesday, January 05, 2011

The Cuts That Weren't | Michael D. Tanner | Cato Institute: Commentary

The Cuts That Weren't | Michael D. Tanner | Cato Institute: Commentary: "So, under the terrible 'cuts' that the commission is recommending, federal spending would still increase faster than inflation. This is the old Washington game of calling a slower increase than previously projected a 'cut.'"

"A new study by economists at Ohio State University, for example, found that since World War II every dollar of increased federal tax revenue resulted in $1.17 of increased federal spending."

No comments: