Brian Riedl, E21
Congress has passed a 2,232-page appropriations bill that spends $1.3 trillion. And not a single lawmaker has read it. Nor does the Congressional staff– who typically summarize the endless statutory legalese for their bosses – have a strong grasp of how this $1.3 trillion is being spent, and how the unrelated appropriations riders will operate. Read more here....
interview with Richard A. Epstein via Defining Ideas (Hoover Institution)
How excessive promises to public employees may wreck state and local finances.