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One Nation, Ungovernable?

Agenda for Congress

Title

One Nation, Ungovernable?

Full Document Available in PDF

As both political parties wrangle over economic stimulus packages and appoint czars

with unprecedented powers, the federal budget eficit is ballooning above $1 trillion. The

federal government’s annual spending before he creation of the $700 billion Troubled Assets elief Program (TARP) already topped $3 trillion. Since the bulk of that goes to “nondiscretionary” ntitlement, health, and defense budget commitments, the budget was already argely uncontrollable—even before the economic crisis deepened.