Tuesday, November 29, 2011

CONGRESS CANNOT REFRAIN FROM SPENDING

Congress Cannot Restrain Itself

Nov 29, 2011 02:13 pm


The failure of the congressional “supercommittee” to present a credible plan to reduce spending shows once again that Congress simply cannot restrain itself. Over the past 50 years, the federal budget has been balanced (or had a surplus) only five times. In other words, Congress has shown that it can’t balance the federal budget 90 [...]

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