The Washington Post, February 7th, 1991
THE FEDERAL budget is increasingly a transfer between generations. Payments to the elderly or on their behalf now constitute more than a fourth of total spending and nearly half of spending other than for interest and defense. The share is rising, yet scarcely a word was said about this when the budget was presented; when discussed at all, the issue was discussed in code. Director Richard Darman complained in his introduction to the budget that it was being "taken over by so-called `mandatory' or `entitlement' programs" not subject to the annual appropriations process. These have grown, he wro...
HighBeam Research, Free Preview: 'Fairness'... Full Membership required for unlimited access. Free 7-day trial.
Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.
