All Commentary
Monday, June 28, 2010

Obama to Present Tough Choices on Deficit

“President Barack Obama said on Sunday he would follow through on a pledge to rein in soaring U.S. budget deficits and said that would involve presenting Americans with ‘some very difficult choices’ next year.” (Reuters, Monday)

What new taxes is he thinking of?

FEE Timely Classic
“What Spending and Deficits Do” by Henry Hazlitt