No government activity is more notoriously fraudulent than budgeting. The system is a farce.
Take the sequester cuts, for example. If you listen to the media, Congress, agency heads and even the president, you might get the impression that the budget is being cut.
This couldn’t be further from the truth.
In gross and real dollars, most agencies and government programs are spending more dollars this year than last. In D.C., amidst all of the talk and scare tactics about cutting back spending, just about all of the frenzy is unfounded.
Click here to continue reading.