The Washington Examiner ran this Heritage Foundation chart on January 10 under the title (not online) “Defense spending at lowest levels in 60 years”:
Good reporting shouldn’t go unnoticed just because it appeared during the week after Christmas, so let me draw your attention to a comprehensive article on the front page of the December 26 Washington Post by Joe Stephens and Carol Leonnig:
In 1960 Sen. Barry Goldwater called the policies of the Eisenhower administration “a dime store New Deal”—a promise to deliver to the voters everything the Democrats promised, but at a discount. And that has been a fundamental dividing line in the Republican party ever since: Should the GOP challenge the Democrats’ fundamental commitment to an ever-bigger federal government, or only promise to deliver services more efficiently and at lower cost to taxpayers?
Pundits and politicians are all in agreement: Those were some big budget cuts in Friday night’s deal. “The largest annual spending cut in our history,” President Obama said. Speaker of the House John Boehner called it the “largest real dollar spending cut in American history.” Saturday’s front-page, upper-right headline in the Washington Post proclaimed: