Wednesday, February 27, 2013

With Sequester, US Will Still Spend $15 Billion More Than Last year

Posted by Milton Recht:

from The Wall Street Journal, "Phil Gramm: Obama and the Sequester Scare: Governing isn't about blaming someone else. It is about choosing." by Phil Gramm:
Even after the sequester, the federal government will spend $15 billion more than it did last year, and 30% more than it spent in 2007. Government spending on nondefense discretionary programs will be 19.2% higher and spending on defense will be 13.8% higher than it was in 2007.

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