... AND THAT INCREASE HAS BEEN EMBEDDED IN EVERY "CONTINUING RESOLUTION" PASSED BY CONGRESS EVER SINCE - WITH ONLY SLIGHT ANNUAL INCREASES.
THIS IS ONE REASON WHY OBAMA AND REID DECIDED NOT TO PASS BUDGETS.
AND THAT'S WHY WE NEED TO ROLL BACK FEDERAL SPENDING TO 2006 LEVELS.
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
Are you saying they've been using the Porkulus as a base line for the past few years, and then re-upping it with a COL increase?
ReplyDeleteIf so, that is huge news.
No one else has pointed this out that I know of.
Please provide links.
I HAVE BEEN SAYING THIS FOR 2 YEARS - BUT YOU KNOW NOT MANY PAY ATTENTION TO WHAT I SAY UNTIL SOMEONE FAMOUS SAYS IT A YEAR LATER.
ReplyDeleteFACTS:
Estimated receipts for fiscal year 2008 were $2.66 trillion.
$1.25 trillion - Individual income tax
$927.2 billion - Social Security and other payroll tax
$314.9 billion - Corporate income tax
$68.1 billion - Excise tax
$29.2 billion - Customs duties
$25.7 billion - Estate and gift taxes
$50.7 billion - Other
[edit]Total spending
Further information: Government spending
A pie chart representing spending by category for the US budget for 2008
The President's budget for 2008 totals $2.9 trillion
http://en.wikipedia.org/wiki/2008_United_States_federal_budget
Federal domestic spending increased a record 16 percent to $3.2 trillion in 2009, the Census Bureau reported Tuesday, largely because of a boost in aid to the unemployed and the huge economic stimulus package enacted to rescue the sinking economy.
http://www.washingtonpost.com/wp-dyn/content/article/2010/08/31/AR2010083102811.html
The President's budget request for 2010 totals $3.55 trillion.
http://en.wikipedia.org/wiki/2010_United_States_federal_budget
ME: THAT'S MORE THAN THE PREVIOUS YEAR WHICH INCLUDED THE PORKULUS.
DITTO 2011.