Spending Surge Continues, Unabated

A disturbing bit of news and analysis from Veronique de Rugy, posted at the Mercatus Center at George Mason University and over at Reason

The summary at Mercatus: Last Monday the Obama Administration released its budget for the upcoming fiscal year, FY 2011.  When compared to projections from last year’s budget, this budget calls for increased government spending not only this year, but also into the future.  In fact, in the period between 2011 and 2019, the FY 2011 budget proposes an additional $1.5 trillion in spending over the spending projected for this time period in the 2010 projections.

Read the rest at Reason.

One Response to “Spending Surge Continues, Unabated”

  1. jpk says:

    Uh, don’t know about you but the graph seems to show a decline in spending as a % of GDP after this year. How is that spending “unabated?”

    [Reply]

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