It’s The Economy, Stupid . . .

House Budget Chairman Tom Price just released his draft for the new federal budget (WSJ, Opinion: The GOP’s Budget Test, March 18, 2015).  It sets a blueprint for the federal budget in the coming fiscal year, and will reduce federal spending by $5.5 trillion over the coming decade.  If followed, it will put the federal budget at 18.2% of the U.S. economy by 2024. … [read more]