March 29, 2018 1:53PM

Spending Catastrophe

I take a look at the federal budget situation in The Hill:

The 2,232-page omnibus spending deal signed into law last week threw fiscal sanity out the window. While entitlement spending has continued to grow, the relative restraint in discretionary spending had provided hope that federal budget control was possible.

But that hope is now dashed under this president and Congress. The omnibus hiked discretionary spending 13 percent in a single year, while scraping the budget caps that were the singular achievement of reformers after the landmark 2010 election.

President Trump included substantial cuts in his recent budget, but signing the omnibus made a joke of his own proposals for fiscal restraint. 

The GOP’s discretionary budget actions and the relentless rise of health care and retirement spending have put the budget on a catastrophic course.

You can read the rest at The Hill.