Notable & Quotable
Wednesday, July 30, 2014 1:00 PM
Cato's Chris Edwards writing in USA Today July 28:
President Obama is not doing enough to rein in spending and deficits. He says the deficit has been cut in half since he came to office. But that is a cut from the giant 2009 figure of $1.4 trillion, which was so high partly because of his costly stimulus bill.
Today, the recession is long over, but the government will still run a $583 billion deficit this year, every dollar of which is an added burden on future taxpayers.