Mises Wire

Bush’s Government Swells

Bush’s Government Swells

Drudge links to  Government Outgrows Cap Set by President (Washington Post): “Confounding President Bush’s pledges to rein in government growth, federal discretionary spending expanded by 12.5 percent in the fiscal year that ended Sept. 30, capping a two-year bulge that saw the government grow by more than 27 percent, according to preliminary spending figures from congressional budget panels. The sudden rise in spending subject to Congress’s annual discretion stands in marked contrast to the 1990s, when such discretionary spending rose an average of 2.4 percent a year. Not since 1980 and 1981 has federal spending risen at a similar clip. Before those two years, spending increases of this magnitude occurred at the height of the Vietnam War, 1966 to 1968... Much of the increase was driven by war in Afghanistan and Iraq, as well as homeland security spending after the attacks of Sept. 11, 2001. But spending has risen on domestic programs such as transportation and agriculture, as well.”

Don’t you love that phrase “confounding President Bush’s pledge”? Might he actually be responsible? Saw this one coming

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