Friday, February 08, 2013

Nips and Tucks and Big Budget Cuts

Nips and Tucks and Big Budget Cuts | Mercatus
"On a practical note, the military cuts would have to be defined relative to a baseline, which already specifies spending increases.
So the “cuts” in the sequestration would still lead to higher nominal military spending and roughly flat inflation-adjusted spending across the next 10 years. "

No comments: