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Publication Date: October 1994
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): John S. Barry; Scott A. Hodge
Research Area: Banking and finance
Keywords: Budget
Type: Report
Abstract:
Congress seems to have learned nothing from years of running large budget deficits: It continues to pour money into outmoded programs created 50 to 100 years ago and programs with a long history of failure; it continues to spend federal tax dollars on purely local projects or programs benefiting specific commercial industries; and it continues to force agencies to waste taxpayers’ money. Hardworking American families can nolonger afford budgeting as usual.