Spending Book News Today

Brian Riedl's analysis of Reagan's 1980 tax cuts shows that, as aresult of the cuts, tax revenues increased substantially in thenext 10 years.  Any increase in budget deficits was thereforethe result of spending increases rather than tax cut-inducedrevenue decreases.

Whether it had inadequacies or not, it was critically important that we move forward and deal with those crazy things that are out there. >> so you guys are going to go through tom coburns wasteful spending book? he says you could eliminate $30 billion. >> i appreciate his wasteful spending book. i look at the ones that he had written in for montana. they had some merit, but the way they were written up by him looked pretty awful. they can go into those budgets now and cut out the fat and weed i...