Dear House Budget Committee Chairman Tom Price and Senate Budget Committee Chairman Mike Enzi: With budget season approaching, Americans for Prosperity would like to outline our principles of budget reform. We encourage federal lawmakers to work towards budget solutions that protect American taxpayers and reduce spending. Please consider the following principles as you work on […]
This week, while most Americans were enjoying leftover turkey and mashed potatoes, Members of the House of Representatives quietly voted to add $45 billion to the already staggering $18 trillion national debt. With little debate, and by an overwhelming margin, Democrat and Republican lawmakers voted to approve the so-called “tax extenders” package, a conglomeration of taxpayer handouts to everyone from the politically-connected wind industry and well-heeled Hollywood film studios to Puerto Rican and Virgin Islands rum manufacturers. In other words, exactly the kind of “bipartisanship” that taxpayers don’t need and can’t afford.
The national debt has hit $18 trillion debt, an ugly milestone and a real-life testament to the failed agenda of big government. It is time for a new direction.
The federal government, which took in more money this year than ever before, wants to raise taxes by $120 million during the lame-duck session of Congress. They want to do it by raising the price of a duck stamp. The irony would be hilarious if it weren’t so painful.
With the amount of money the federal government needlessly wasted last year, we could have gone to the moon and back–and still had cash to spare. Senator Coburn’s annual “Wastebook” of the federal government’s most egregious examples of wasteful spending should be a call to action for taxpayers.