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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 economic future.