Oct 15, 2012 | Charts
In the past, President Obama has foresworn tax increases out of concern for harming a fragile recovery. Our recovery is no better now than it was at those times.
Oct 15, 2012 | Charts
Oct 15, 2012 | Charts
From 1993 to 2002 the federal government spent $17 trillion. During the past 10 years the federal government spent $30 trillion – almost doubling spending from decade to decade. The House budget proposes spending $40 trillion during the next 10 years. President...
Oct 15, 2012 | Charts
As part of the effort to pass his healthcare law, President Obama famously said that he was going to”bend the cost curve down.” He said that he was going to reduce of the cost of a family health insurance plan by $2,500 per year.When he came into office,...
Oct 15, 2012 | Charts
In 1962, 68 percent of the federal budget was discretionary spending. It was appropriated annually and came under some level control of Congress. About 32 percent of the budget consists of entitlements – or mandatory spending – and...
