February 17, 2011

Proposed Budget Cuts: Too Small To Make a Difference?

Veronique de Rugy

George Gibbs Chair in Political Economy

Veronique de Rugy explains that too much spending is the main driver of our deficit. “Spending is driving the imbalance,” said de Rugy. “Spending is the problem. We’re spending more money even though we know we have this gigantic spending explosion that is entitlement spending.”