Stop the Federal Spending Spree Tad DeHaven Cato Institute: Commentary
"In 2000, the federal government spent $1.8 trillion while debt held by the public stood at $3.4 trillion.
A mere decade later, the federal government is on pace to spend $3.7 trillion while publicly held debt is approaching $10 trillion."
This is during a decade of very low inflation and huge tax revenue increases to the government!
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