dl211 says: As a result, taxpayers have to work 224 days out of the year just to meet the cost imposed by all levels of government. As in previous years, this year’s report seeks to shed light on the burden government imposes on taxpayers. A new feature of the report is a series of case studies taking a closer look at some of the more recent spending initiatives and other proposals that are currently threatening taxpayers. For a broader perspective, for the first time, we have included several narratives authored by lawmakers and think tank representatives analyzing the cost of government at the state level. The recent federal spending spree paints a bleak picture for taxpayers. It started with the passage of the financial market bailout and continued with the “stimulus,” the $410 billion earmark-stuffed “omnibus,” the $3.55 trillion budget, and more bailouts leading to current threats of a national energy tax and a government takeover of health care. COGD falls 26 days later than last year's date, and it's 23 days later than the previous all-time high of July 20, in 1982. There are numerous reasons for this explosive growth in government spending including TARP, the so-called Stimulus, and the big three auto "bailouts." If Congress and the President had not pushed for TARP, Americans would have celebrated COGD on July 25 rather than on August 12. As your Congressman and Senators hold their town hall meetings this recess, you should ask them why you needed to spend 224 days working to pay off your share of government. You should also ask them if you've already spent this much time working to pay off government, why would you possibly wa... |
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