All Commentary
Tuesday, January 26, 2010

President to Call for Domestic Spending Freeze


“President Obama will call for a three-year freeze in spending on many domestic programs, and for increases no greater than inflation after that, an initiative intended to signal his seriousness about cutting the budget deficit, administration officials said Monday…. But it would exempt security-related budgets for the Pentagon, foreign aid, the Veterans Administration and homeland security, as well as the entitlement programs that make up the biggest and fastest-growing part of the federal budget: Medicare, Medicaid and Social Security.” (New York Times, Tuesday)

A really modest proposal.

FEE Timely Classic
“Does Government Spending Bring Prosperity?” by Percy L. Greaves Jr.


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.