Wednesday, June 09, 2010

Stop the Federal Spending Spree

Stop the Federal Spending Spree Tad DeHaven Cato Institute: Commentary
"In 2000, the federal government spent $1.8 trillion while debt held by the public stood at $3.4 trillion.

A mere decade later, the federal government is on pace to spend $3.7 trillion while publicly held debt is approaching $10 trillion."

This is during a decade of very low inflation and huge tax revenue increases to the government!

No comments: