Federal spending is rising at slowest rate since '50s, report finds
(NEWSER) - Republicans are trying to fool the country into believing that they are the party of fiscal responsibility, President Obama told a fundraiser yesterday. "I’m running to pay down our debt in a way that’s balanced and responsible. After inheriting a $1 trillion deficit, I signed $2 trillion of spending cuts into law,” he told donors in Denver. "My opponent won’t admit it, but it’s starting to appear in places, like real liberal outlets, like the Wall Street Journal," he quipped. "Since I’ve been president, federal spending has risen at the lowest pace in nearly 60 years. Think about that.” More»
