Congressional Spending: Past Abuse Is No Excuse for Today's Excess


 

Publication Date: July 2007

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Ernest Istook

Research Area: Banking and finance

Keywords: Budget; Taxes; deficit

Type: Brief

Coverage: United States

Abstract:

Despite the Democrats' promise to be more fiscally responsible than their predecessors, Congress is on a spending binge that will harm economic growth and job creation. If Congress does not change course, President Bush must follow through on his veto threats.