military spending

The road to budget sanity

March 7, 2011 by Donald Kaul

The budget wars have begun. Duck!

President Obama delivered the first salvo by presenting his $3.5 trillion proposal for the 2012 fiscal year to Congress in a telephone book-sized document. It was very Barack -- measured and balanced. It cut a little here, put on a little there, added a pinch of taxes and came up with a budget he said would cut more than a trillion dollars from the deficit over the next 10 years.

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