"At no point in the president's 10-year projection would the U.S. government spend less than it's taking in."Peter Suderman | February 14, 2011Reason Feb. 14, 2011 |
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Echoing the administration's line that "the easy cuts are behind us," Politico's David Rogers says Obama's 2012 budget is "long on tough choices." That depends on how you define "tough." Jake Tapper of ABC News gives those alleged hard choices some context: "At no point in the president's 10-year projection would the U.S. government spend less than it's taking in." By the president's own definition, then, today's budget plan isn't sustainable. Read More |