IPFS News Link • Economy - Economics USA
Federal spending rose 4 percent, despite Obama pledge
• McClatchy NewsIt didn't happen.
Spending on discretionary items, or those under White House and congressional control, is expected to run about 4 percent higher than last year, well above the rate of inflation. And a big chunk of the budget was approved three months past due.
"For all the talk about the need to get spending under control, I don't see any of that," said Robert Bixby, executive director of the Concord Coalition, a budget watchdog group.




