Publications -- Federal Spending

Oct 16, 1990

BG #108 – Will The New Budget Package Create A Recession?

The United States has experienced the longest peacetime economic expansion in its history, due to tax reductions enacted during the 1980s.

Aug 31, 1989

Is The Texas State Budget Balanced?

Texas is entering the 1990-91 fiscal period with a projected deficit of almost $1 billion. Because of this deficit, Texas taxpayers face an almost certain increase in taxes in the next biennium, including the possibility of an income tax.

Jul 01, 1983

ST #103 – The R.E.A.L. Federal Dificit

This year total direct and indirect borrowing by the federal government will reach $324 billion--over $100 billion more than what is reported by the "official" federal deficit.

Feb 23, 1983

ST #101 – Off Budget Spending: The Growth of Underground Government

The distinguishing characteristic of the welfare state is that, over time, the distribution of wealth and the allocation of resources in a society are increasingly controlled by government rather than voluntary exchange in the marketplace.

Aug 14, 1981

ST #106 – The Nation's Largest Municipal Bankruptcy: The Tip Of The Off-budget Iceburg

A recent article in Fortune magazine has the eye-catching title "Nuclear Fiasco Shakes the Bond Market." The fiasco is not a melt down, but what the article describe as the "squalor and fantastic waste" of the Washington Public Power Supply Steam.