Overview for state-finances

Balancing a Budget is Easy: Cheat

I’m sympathetic–even enthusiastic–about the idea of limiting federal government spending to 18 percent of GDP as many in the GOP say they want to do.   Although simply cutting “waste” won’t do it, some common sense reforms in entitlement programs combined with selected defense drawdowns could …

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Written by Eli Lehrer on Wednesday July 20, 2011