Peter Ferrara: How to Balance the Budget
ACRU General Counsel Peter Ferrara wrote this column appearing August 16, 2010 on The American Spectator.
President Obama’s budget proposes all-time record federal spending of $3.834 trillion for fiscal 2011, up 29 percent from fiscal 2008 and 40 percent from fiscal 2007, which was the last budget adopted by Republican congressional majorities. The deficit for the current fiscal year 2010 is estimated in the president’s own budget documents to reach nearly $1.6 trillion, the largest government deficit in world history, up from $161 billion for fiscal 2007. This is what moved Rep. Jeb Hensarling (R-TX) to say to President Obama at the Republican Retreat in Baltimore […]

