Tag Archives: spending cuts

Biggest Budget Cut in U.S. History?

Posted on April 13, 2011

Democrats and Republicans alike are making grandiose — and unsupportable — claims that the budget deal contains the biggest spending cut in U.S. history. Under the bipartisan agreement, the proposed budget for this fiscal year would be $38.5 billion less than last year’s budget. The federal government spent nearly $3.5 trillion …
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Making Ends Meet

Posted on October 31, 2008

Sen. Barack Obama has said several times that he has proposed cuts that pay for “every dime” of his spending proposals, a claim we’ve called “misleading.” The nonpartisan Tax Policy Center’s analysis, for one, found that “without substantial cuts in government spending” Obama’s plan – and McCain’s, too – “would …
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McCain’s $6.8 Billion Boast

Posted on October 7, 2008

McCain repeated a questionable boast when he said, “I saved the taxpayers $6.8 billion” by reining in a defense contract. As we mentioned in our analysis of the first debate, there is more to the story. McCain certainly did lead a fight to kill the contract, and the effort ended …
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