The debate in Congress over the extension of the Bush tax cuts has obscured the issue of government spending. After all, it is because members of Congress love to spend money that isnâ€™t theirs that we “need” an income tax to begin with.
Tag Archives | spending
If government would stick only to what it was authorized to do, and leave the rest to the people, most of our economic problems would resolve themselves.
A naive person who did not maintain a healthy sense of skepticism would quickly adopt the point of view that almost all elements of government are terribly underfunded and much good would be accomplished with higher taxes and more debt spending.
In order to qualify for federal dollars, states frequently have to pass laws that expand their reach and authority. And they often need to continue to pay for new programs after federal funding is phased out. Short run money that appeared “free” often ends up becoming a long run obligation to state taxpayers in the end.
Thomas Jefferson: “the support of the state governments in all their rights, as the most competent administrations for our domestic concerns and the surest bulwarks against anti-republican tendencies”
One of the things most abhorrent to us sovereignty-seekers is the incredible amount of bloat in Washington, D.C. While some of us are coming around to seeing that Washington, D.C. is killing this country on a non-partisan basis, the following chart illustrates this fact.
by Chuck Norris, WorldNetDaily America is broke. Wall Street is going out of business. The government is borrowing and bailing like there is no tomorrow. Americans anxiously await the full impact of a second Great Depression. And we all are longing and looking for solutions and saviors. Well, have no fear. Our founders are here.
by Rep Ron Paul Recently Congress sent the latest Farm Bill to the president. The bill features brand new federal programs, expansion of existing subsidies, more food stamps and more foreign food aid. This bill hits the taxpayer hard, while at the same time ensuring food prices will remain elevated. The president vetoed the bill, [...]
Laurence Vance at the Mises institute has an excellent post on the immorality of forced government-to-government foreign aid – with a focus on the tragedy in Myanmar. Here’s an excerpt:
by Rep Ron Paul This week, as the American economy continued to suffer the effects of big government, the House attempted to pass two multibillion dollar “emergency” spending bills, one for continued spending on the war in Iraq , and one increasing spending on domestic and international welfare programs.Â The plan was to pass these [...]
Reader commentary from A. Linder When I write my congressman or senator and ask them to please stop sending money to foreign governments, they write back to me as though I do not know what I am talking about. They “know” what is best for this country and believe the foreign expenditures are justified. Then, [...]