07/20/2009
https://congress.gov...
"But even factoring that out, just in nominal terms, 60 percent increase in Federal spending in 4 years is rather breathtaking."
"Coolidge, Truman, Kennedy, Reagan, Clinton all cut spending relative to GDP."
"It seems to me they are two sides of the same coin, that deficits are taxes."
"The critical issue before us is the level of spending, since the level of spending automatically sets the combined level of current and future taxes."