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In all the hoopla surrounding the State of the Union Address,
don't forget a basic fact of life - money just doesn't grow on
trees. Whether families of businessmen, laborers or managers, young
or old - everyone makes spending decisions based upon this
fundamental reality. Except, in Washington, D.C.
Recently, significant increases have pushed federal spending to
its highest level since World War II. The new Medicare drug benefit
and the likely passage of the pork-laden omnibus spending bill will
expand government further. In the annual appropriations process,
fiscal discipline and priority-setting have been replaced by a
budget process that encourages special interest spending. No
financial institution would extend credit to a household or
business that adopted Congress's accounting slights-of-hand.
Courageously, however, some members of Congress, mindful of fiscal
conservatism, are questioning this spending spree and the process
that feeds it. Join us as for a State of the Union budget and
spending briefing addressing not only these concerns, but also the
leadership required to fuel real economic growth and assure our
nation's future economic security.
Event Notes
More About the Speakers
Rep. Jeff Flake (R-AZ)
U.S. House of Representatives
Rep. Walter Jones (R-NC)
U.S. House of Representatives
With Commentary from
Brian Riedl
Grove M. Hermann Fellow in Federal Budgetary
Affairs,
The Heritage Foundation
Hosted By
Michael Franc
Vice President, Government Studies
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