Econ Comments & Analysis
Politico | A common-sense coin could save a mint
While Congress struggles to find common ground on our nation’s deficit, there’s a bipartisan delegation of senators from five states working on one common-sense budget savings proposal: eliminating the dollar bill in favor of the dollar coin and saving taxpayers $4.5 billion without raising taxes or cutting a single program.
Washington Times | As federal agencies trim fat, contracts feed billions in profits to 59 companies
As lawmakers take up austerity measures and the Defense Department and other agencies grapple with difficult budget choices, some contracting companies that derive their income entirely from the federal government have grown increasingly fat.
Blogs
CATO | How Much Does Your State Government Depend on Federal Funds?
This week the Indianapolis Star published an op-ed I wrote on Indiana state government’s reliance on federal funds. I said that “Most Hoosiers would be surprised to know that under [Gov. Mike] Pence’s first budget proposal, federal funds would have accounted for around 35 percent of total state spending.”