When is a cut, a cut? (part 3)

August 25, 2011

The debt ceiling agreement reached by Congress deal included a spending cap on discretionary outlays. Sounds good, right? But do these spending caps work? Do they encourage Congress to spend less? And do they actually lead to spending cuts?

Our latest infographic takes a look at spending caps in the past and if they really do anything to address the country’s spending addiction.

Tags:, , , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *