If Spending Is Capped So It Grows at the Rate of Inflation, the Budget Is Balanced in 2018

Reblogged from International Liberty:

  • Click to visit the original post

New 10-year budget projections have been released by the Congressional Budget Office, so it’s time once again for me to show how easy it is to balance the budget with modest spending restraint (though never forget that our goal should be smaller government, not fiscal balance).

  • I first did this back in September 2010, and showed that we could balance the budget in 10 years if federal spending was limited so it grew by 2 percent annually.

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