No Spending Growth Restraint in Sight on Capitol Hill

Earlier this year, the White House indicated that the U.S. government would spend over $4.5 trillion dollars by the end of the U.S. government’s 2019 fiscal year on September 30, 2019. Unless something changes dramatically over the next three months, the government’s latest Monthly Treasury Statement confirms it will meet that target, as federal spending in FY 2019 will exceed the amount of money spent in FY 2018 by more than 10 percent.

This is further proof that the one thing politicians and bureaucrats can absolutely do well is to spend exactly as much money as they say they will. That

Read more at The Independent Institute