Visualizing the 2011 Federal Spending Debate
Wednesday January 26th, 2011 • Posted by Craig Eyermann at 7:42am PDT • 1 Comment
If you want to quickly see how President Barack Obama and the Congressional Democrats’ federal government spending proposal for 2011 stacks up against what Congressional Republicans have in mind, shown against a background illustrating the trend in U.S. federal government spending since 1967, here you go!
References
1 Obama, Barack. The State of the Union 2011: Winning the Future. White House. 25 January 2011.
2 Sonmez, Felicia and Kane, Paul. House Votes to Cut Spending to 2008 Levels. Washington Post. 25 January 2011, 6:25 PM.
3 Independent Institute. Aim at the Zero Deficit Line. 13 January 2011.
4 Political Calculations. How Much Federal Spending Can Americans Afford? 7 December 2010.
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How much money would we save in taxes if we only allowed people to get the tax money they paid in during the year? Not getting back four times what they paid. If you paid in $2,000 you should only be able to receive $2,000 back not $8,000.