The higher spending only explains a third of this reduction.

Voters want conflicting things. They want a lot of government spending, but they don't want higher taxes.

Mr. Obama's choices show how fundamentally unserious he is about deficit reduction and spending restraint.

One would have argued that the reduction in supply would have made the bidding stronger.

Spending time with America's soldiers is always inspiring.

We do have a very dramatic, unheard-of reduction in the cost of claims. It is unprecedented, ... The industry is continuing to pocket a large share of the cost savings.