Hocus + Pocus = The 2012 Federal Budget Plan

Like all budgets, the federal government’s spending plan is all about revenues and expenditures. Unfortunately, Uncle Sam is very good at grossly overestimating tax receipts and grossly underestimating spending. It’s enough to …

Obama’s Budget Cuts: Less Than Meets the Eye, Thankfully

A parade of Republicans immediately lined up to attack the president’s proposed budget this week, claiming the plan falls short of making a real difference. They’re right. And that’s good, because really deep reductions are the…