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Sheldon Richman is the editor of The Freeman and TheFreemanOnline.org, and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families. ... See All Posts by This Author

$3.83 Trillion Budget on Way to Congress

Posted February 01, 2010
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“President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs. The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year’s then unprecedented $1.41 trillion gap. The deficit would remain above $1 trillion in 2011 although the president proposed to institute a three-year budget freeze on a variety of programs outside of the military and homeland security as well as increasing taxes on energy producers and families making more than $250,000.” (ABC News, Monday)

Magic.

FEE Timely Classic
“Keynesian Budgets Threaten Recovery” by Hans F. Sennholz

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  1. Pingback by “Morning Bell: The Obama Budget: Higher Taxes, Higher Spending and More Debt” and related posts « Twitter on 9 February 2010:

    [...] $3.83 Trillion Budget on Way to Congress - The Freeman | Ideas On Liberty See all 117 blogs. February 1st, 2010 | Category: Uncategorized [...]

  2. Pingback by “Morning Bell: The Obama Budget: Higher Taxes, Higher Spending and More Debt” and related posts « Twitter on 9 February 2010:

    [...] $3.83 Trillion Budget on Way to Congress - The Freeman | Ideas On Liberty See all 117 blogs. February 1st, 2010 | Category: news [...]

  3. Comment by Eloy Donaway on 6 September 2011:

    And of course, I’m also at all times happy with your beautiful suggestions you give.

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