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Wednesday, October 1, 2008

Spending Bill Gets President's Signature


President Bush on Tuesday signed a sprawling, stopgap spending bill to keep the government running for the next 12 months. The president's move, which came on the last day of the government's budget year, was expected even though the measure spends more money and contains more pet projects than he would have liked. The legislation is one of the few bills this election year that simply had to pass. The $630 billion-plus spending bill wraps together a record Pentagon budget with aid for automakers and natural disaster victims, and increased health care funding for veterans returning from Iraq and Afghanistan. (USA Today, Wednesday)

Good timing.

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