
Federal Spending And The Budget | |
Federal Spending Rises |
When the GOP took over Congress in 1995, it forced dramatic cuts in discretionary spending. Agency after agency was impelled to tighten its belt. But by 1996, the strategy changed and Congress threw more money -- not less -- at the agencies.
As Congress begins discussing the fiscal 2001 budget, the leadership is reported to be considering increasing that spending to about $600 billion. Political observers say that if Congress holds to $586 billion in discretionary spending, it could pass a tax cut. Source: Editorial, "Big Spending Republicans," Investor's Business Daily, March 3, 2000. For more on Growth of Government Spending http://www.ncpa.org/pd/budget/budget-5a.html |
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