CSPAN Key Capitol Hill Hearings April 8, 2014
100 today, will cost 122 10 years from now. At annual inflation that same 100 good will cost almost 135 10 years from now. In total the price of goods and services in the United States have increased by more than the 1,000 since world war ii. Under longstanding budget rules, c. B. O. And o. M. B. Aassume that future designation career appropriations at the account level will be at the same dollar levels but adjusted for inflation. Why do they do this . He they do it because it represents a more accurate analysis of our nations actual spending habits. The aggregate total of defense and nondefen...