Can Lawmakers Rein in Runaway Federal Spending?
Recorded on October 26, 2005
Location: The Heritage Foundation's Lehrman Auditorium
Having increased 33-percent since 2001, federal spending now
tops $22,000 per household for the first time since World War II.
The new Medicare drug program, Hurricane Katrina reconstruction,
and overall entitlement costs of retiring baby boomers threaten to
push federal spending even further into the red. Can this spending
binge ever be checked? Are lawmakers incapable of setting a
priority of fiscal sanity over the quest for pork projects? Join us
as Senator John McCain provides a frank and sobering assessment of
the federal government's unsustainable spending spree and addresses
the leadership necessary to secure and maintain our Nation's