In response to:

Higher Tax Rates Won't Support Entitlement State

D G Wrote: Dec 06, 2012 12:48 PM
OOPS! ..... Sorry! ... Forget what IS said..... I read billion you said trillion.
The fiscal cliff negotiations seem to be foundering on Barack Obama's insistence on higher tax rates on high earners and House Republican leaders' insistence on opposing them. The president believes he has a mandate from voters for his position, and House Republicans believe they have a mandate from voters for theirs.

The real argument here is over the size and scope of government. Under Barack Obama, federal outlays -- the technical term for federal spending -- have increased to 24 and 25 percent of gross domestic product.

That's a higher level of federal spending than in any year since 1946, when...