November 25, 2014

Federal spending hike of 9.2% the largest in at least 15 years

July 24, 2009
The Arizona Republic

Excerpt

The national debt and the continued rise in health-care expenses are especially alarming, said Chuck Konigsberg, chief budget counsel for the Concord Coalition, a nonpartisan group focused on federal budgeting.

"I think people don't realize how bad the situation is," he said, referring especially to the debt. "It really is the worst it has ever been, much worse than in the 1980s."

...

Taken as a whole, the budget conditions make it more difficult to manage the weak economy, Konigsberg said.

"What the administration is facing right now is a very delicate balancing act," he said. The economy needs a stimulus, but too much adds to the staggering debt, he said.