Friday, August 05, 2011

Two Trillion Isn't Enough | Tad DeHaven | Cato Institute: Commentary

Two Trillion Isn't Enough | Tad DeHaven | Cato Institute: Commentary: "On one side we have a president whose surrogates warn of economic Armageddon if the debt ceiling isn't raised, despite the fact that he himself voted against raising the limit in 2006 as the junior senator from Illinois. On the other side are congressional Republicans, tasked with negotiating spending cuts in exchange for raising the debt ceiling — the same guys who happily voted for big-spending legislation when it was their guy in the White House."

Fueling Freedom | Randal O'Toole | Cato Institute: Commentary

Fueling Freedom | Randal O'Toole | Cato Institute: Commentary: "the prospect of 'free' federal money from a program called New Starts led cities to plan outrageously expensive rail projects that provide little real improvement in transit service. Transit agencies often cannibalize their bus systems to provide local matching funds. The result is that after hundreds of billions of dollars in subsidies, there is less per-capita urban transit ridership today than in 1980."