1. I think one of the interesting things that has happened in Washington in the last few years is that a lot of the conservatives are beginning to wonder how much money we should spend on defense. It’s not a simple liberal conservative split anymore. And I suspect that despite Mitt Romney’s promises about increasing the defense budget, even if he’s elected, we’ll see some severe pressure on how much do we really need to spend on defense.

    —  David Wessel on the Federal Budget

  2. David Wessel

    Federal Budget