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ashling

(25,771 posts)
Wed Jul 18, 2012, 07:15 PM Jul 2012

Four spending myths keeping U.S. from recovery

Four spending myths keeping U.S. from recovery

Spending Myth 1: Today's deficits have taken us to a historically unprecedented, economically catastrophic place.

Spending Myth 2: Military and other national security spending have already taken their lumps and future budget-cutting efforts will have to take aim at domestic programs instead.

Spending Myth 3: Government health-insurance programs are more costly than private insurance.

Spending Myth 4: The Affordable Care Act -- Obamacare -- will bankrupt the federal government while levying the biggest tax in U.S. history




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