Obama to Revive Budget-Cutting Effort

“In its budget submission next month, the Obama administration will urge lawmakers to revisit the failed attempt by a congressional supercommittee to cut the deficit by at least $1.2 trillion, the White House says.” (CBS)

Cuts from future increases, that is.

FEE Timely Classic
“The Politics of Deficit Spending” by Hans F. Sennholz

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