Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
April 19, 2014

Chart of the Day

1358867597182.png.CROP.rectangle3 large Chart of the Day

– Chart showing total government spending in billions of dollars over the last fifty years, via Matthew Yglesias, who notes that “consolidated government spending—federal, state, and local—simply hasn’t surged.”

“Spending continued on essentially the previous trend throughout the official NBER business cycle dates, and then flattened out in a nearly unprecedented way… since 2010 we’ve been living through a nearly unprecedented level of public sector spending restraint.

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