TITLE

President's Letter: Record Profligacy

PUB. DATE
February 2007
SOURCE
Independent;2007, Vol. 17 Issue 1, p2
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The article comments on the 2008 Federal Budget released by the U.S. Congress. It is stated that mandatory spending, which includes social security, Medicaid, and Medicare, has increased from 26% of all federal spending to 53%. It is reported that the largest expenditure is defense at $617 billion, followed by Social Security at $552 billion. The author states that the Independent Institute can offer alternatives to lessen the increasing burden of the government profligacy on the U.S. people.
ACCESSION #
24734184

 

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