Our unsustainable entitlement growth

posted by
August 3, 2011
Heartland Institute
by Benjamin Domenech  
Posted in Commentary

"As news of Washington’s debt ceiling clash flashed across the wires, a reader sent me a clipping this week from a column written by a Texas radio pastor in 1975. It decries the gargantuan size of President Gerald Ford’s proposed federal budget, which 'constitutes a continuation of the spend, spend, spend philosophy' with enormous deficits passed on to the nation’s children. The arguments are familiar, but the numbers are staggering. The total projected size of the deficit back then? $52 billion. The total size of the proposed budget? $349 billion." (08/01/11)

http://tinyurl.com/3wzqjqp  

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