“Convening his first Cabinet meeting yesterday, President Obama ordered his agency chiefs to join many American families in penny-pinching, but acknowledged that slicing at least $100 million in administrative costs in the next three months is a mere ‘drop in the bucket.’” (Boston Globe, Tuesday)
A whopping 0.003%
FEE Timely Classic
“What Spending and Deficits Do” by Henry Hazlitt
