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...
The growth of automatic spending
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...
Federal spending continues to grow
Ten years ago, the federal government spent $2 trillion. This year we'll spend $3.8 trillion or $3,800 billion dollars. We have virtually doubled spending in just 10 years. The most recent House...
