Tuesday, April 20, 2010

A decade of historic spending increases

Washington Times "The federal budget picture has collapsed over the past decade. In 2000, Washington collected $2.6 trillion, spent $2.3 trillion and ran a $300 billion surplus. One decade later, in 2010, Washington is set to collect $2.1 trillion, spend $3.6 trillion and run a $1.5 trillion deficit (all numbers adjusted for inflation). What happened? "  H/t to Heritage

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