Comment on The Awful Republican Budget Is a Reminder That Federal Revenues Are Way Too High

The Awful Republican Budget Is a Reminder That Federal Revenues Are Way Too High

Eager to meet its target of 80,000 new soldiers without compromising quality, last fall the U.S. Army expanded its signing-bonus pool by hundreds of millions. Time will tell if the Army succeeds in its endeavor, but that’s arguably not the point. The point of the story is to remind readers that governments don’t tax and borrow dollars in order to stare lovingly at the money.

 

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