President Obama presented his plan to reduce the deficit by $4 trillion over 12 years. His plan sets out goals for deficit reduction, but no plan for achieving those goals. The biggest component in rising projected government expenditures is health care. The president wants to cap Medicare spending per beneficiary at the GDP growth...
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The Washington Times has an interesting op-ed up about Justice Kagan’s view of money. Here is a snippet: Justice Kagan’s dissent gave the game away in its first sentence. The tuition tax credit, she wrote, is “diverted tax revenue.” Later, she elaborated, “Both deplete funds in the government’s coffers by transferring money to select...
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