Some More Perspective on Government Spending
Written by Brian Garst, Posted in Big Government
Following the deal to keep the government funded and avert a shutdown, politicians are unsurprisingly patting themselves on the backs. They came together to get responsible spending cuts, they say. But just how “responsible” have these so-called adults actually been?
For a little perspective, here‘s what government currently spends over various periods of time (graphic from AEI blog The American).
The $38.5 billion being cut from the rest of the year’s budget amounts to 4.06 days worth of government spending. From another perspective: the debt increased by $54.1 billion in the 8 days preceding the deal.
How responsible can we take these politicians to be when getting them to cut even that puny amount is like pulling teeth?
I serve as Vice President of the Center for Freedom and Prosperity, a non-profit think tank dedicated to preserving tax competition and free markets. This site features my personal views, which are not reflective of CF&P.