Wednesday, August 03, 2011

Our Shrinking Federal Government

From prior years, by 2021 our government will have shrunk by about 31 percent.  That's CBO's estimate of how much, as a percentage of GDP, the expenditures for discretionary and mandatory programs, except Social Security, Medicare, Medicaid, will be.  (Shrinking from 6.7 percent of GDP to 4.6.)

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