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<a href="http://www.accessmylibrary.com/coms2/summary_0286-12669489_ITM" title="Facts and information about Overall budget growth persists.(Correction, Please!)(Brief Article)">Overall budget growth persists.(Correction, Please!)(Brief Article)</a>
Overall budget growth persists.(Correction, Please!)(Brief Article)
The New American
|
February 06, 2006 |
Hoar, William P. |
COPYRIGHT 2006 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Spending has now gone through the roof into the stratosphere. This fiscal year, reports the Tax Foundation, the federal government will spend almost $2.3 trillion--the equivalent of nearly $24,000 per American taxpayer. Apologists for the administration and the Congress have tried to portray the 2004 increase of 5 percent as a boon because other recent annual increases have been in the 6-8 percent range. Yet, bleeding a little slower does not make one healthier. (Moreover, when official statistics are compiled, 2005 spending figures will likely reflect an increase of around 8 percent.)
Many politicians have little compunction about spending the money of others to show their generosity. The reaction to Hurricane ...
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