Are the size and reach of the federal government exploding, as some have suggested? While overall federal spending is well above its historical average as a share of the Gross Domestic Product (GDP) and is expected to remain so even after the economy recovers, our new examination of the latest Congressional Budget Office (CBO) data belies claims of a large and permanent expansion of the federal government.
Mitt Romney said last week that if the safety net "needs a repair, I'll fix it." It does need some repair, as our recent blog series explained. That is, the safety net works but still has some serious gaps.