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Monday, June 6, 2011

Budget

News                                                                                                                             
Washington Times | Maryland spending boost among largest
Study finds budget assigns 11% more despite $1B deficit.

Econ Comments                                                                                                             
WSJ | Pension Reform Goes to Washington
Much recent taxpayer fury has been directed toward state and municipal worker benefits, so it's only fair that federal pensions are finally drawing some scrutiny.
Washington Times | ROOT: Obama’s bailout plan goes bust
Teetering Greece demonstrates the failure of government spending.

Blogs                                                                                                                             
Mercatus Center: Neighborhood Effects | Which Governors Are Proposing Spending Increases and Which are Proposing Cuts?
In FY2012, the average Democratic governor proposed a spending increase of 5.8 percent, while the average Republican governor proposed a spending increase of 3.4 percent.
Café Hayek | Herbert Hoover didn’t cut spending
I don’t know anything about Mellon’s influence on Hoover. Or Hayek’s. But whatever it was, it didn’t yield spending cuts.