In the following, insightful, new video, Independent Institute Research Fellow Benjamin Powell reveals “Why Washington only cut $38 billion” recently from federal spending because as public choice economics shows, special interests prevail over the average citizen by utilizing the political process to redistribute wealth and power from the many to the few (and costs…
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The Associated Press reports that the Congressional Budget Office (CBO) questions the claims of the Obama administration regarding projected budget deficits over the next ten years in which the White House overestimates tax revenues and savings from Medicare payments to doctors. A new assessment of President Barack Obama’s budget released Friday says the White…
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FreedomWorks has produced a very timely new video, “We Won Wisconsin�But the Fight Goes On,” on the very serious, looming crises for state government across the U.S., as a result of the unsustainable entitlements, government employee union costs, and other spending and debt.
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