Chairman Ryan’s Supposed Budget Slashing


by Cato Institute on Apr 4, 2014 | Views: 3206 | Score: 1
Sources: cato.org
Share:
Facebook Twitter Reddit Linked In Google Plus Pinterest Tumblr Email
URL:
Embed in your web page: (Preview)
Link:

Download image:

VOTE:
VOICE:
Please sign up or log in to comment
Cato Institute
Cato Institute on Apr 4, 2014 12:34 AM said:

Chairman Paul Ryan’s budget supposedly cuts federal government spending by $5.1 trillion over the next ten years. However, this slash in spending is only observed when compared to the CBO baseline projections. In reality, Ryan’s budget would increase spending at an annual average rate of 3.5 percent, or from $3.54 trillion in 2014 to $5.0 trillion in 2024.