Archive for April 4th, 2012

Government Spending on Autopilot

Wednesday April 4th, 2012   •   Posted by Stephanie Freedman at 2:18pm PDT   •   0 Comments

A recent article in the Huffington Post points out that our country is officially on spending autopilot. What do I mean when I say the budget is “on autopilot”? Right now, vast swaths of government spending are classified as “mandatory.” That means certain programs are funded automatically. In other words, they are funded outside…
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