Wednesday, 03 August 2011
Just in case you hadn’t figured it out...
Cato’s Chris Edwards:
Related:
Cato via Bill Quick.
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Cato’s Chris Edwards:
Republicans and Democrats have come together on a "historic†budget deal that cuts federal spending by more than $2 trillion over 10 years. The Washington Post’s lead story calls the cuts "sharp†and "severe.â€Only the weasels in Washington would call annual increases that reach $191 billion by the 9th year a "cut.†They lie, and the DSM helps ’em.
However, the budget deal doesn’t cut federal spending at all.
Related:
The Hoosierpundit: Baseline Budgeting: "Versailles on the Potomacâ€
Cato via Bill Quick.
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