Tuesday, April 12, 2011

This Is Going to Hurt | Michael D. Tanner | Cato Institute: Commentary

This Is Going to Hurt | Michael D. Tanner | Cato Institute: Commentary: "Of course, everyone is against 'fraud, waste, and abuse.' And certainly there is a great deal of that in the federal budget. But there is no line item called 'fraud, waste, and abuse.' One can't go in and simply slice waste off the top of the budget. Rather, it is marbled throughout in ways that often defy easy cutting. Moreover, one person's boondoggle is another person's critical program."

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