The Cato Institute’s Chris Edwards has a new report, breaking down federal spending into five categories.

“How to Spend $3.9 Trillion”

Excerpt:

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The Wall Street Journal has a couple of good lines on Obamacare.  Oh, and the White House has unilaterally modified the law again.

“ObamaCare” is useful shorthand for the Affordable Care Act not least because the law increasingly means whatever President Obama says it does on any given day. . . .

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Efficiency

February 9, 2014

“I think it’s registering discomfort in the efficiency part of my feelings.”