Congress, rearranger of deck chairs

Congressional leaders were all smiles late last Friday when the agreed to a compromise that keeps the federal government funded for the remainder of the fiscal year, narrowly averting a government shutdown.

Count Donald Boudreaux of Cafe Hayek among those unimpressed by Congress’s efforts:

Suppose that in a mere three years your family’s spending – spending, mind you, not income – jumps from $80,000 to $101,600.  You’re now understandably worried about the debt you’re piling up as a result of this 27 percent hike in spending.

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