Budget Sense: A Penny Wasted... Is Gone Forever

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February 5, 2013 News and Analysis on Your Money in Washington

Your Tax Money Down the Drain Government waste in the discretionary budget abounds. But that’s just the tip of a massive iceberg of federal spending. If Congress and the President keep ignoring the problem, they risk a crisis which would force drastic measures with significant harm to the American people.
The Income Tax Turns 100 Years Old On the somber 100th birthday of the federal income tax, we can clearly see how it greatly expanded the size of federal government. Today, a great danger lies in giving Congress the authority to levy broad-based new taxes like a carbon tax — allowing big government to grow even bigger. Read and Comment On Our Blog >>
America's Comprehensive Plan to Balance Our Budget, Once and For All By rapidly lowering total federal spending, Saving the American Dream: The Heritage Plan to Fix the Debt, Cut Spending, and Restore Prosperity would balance the budget by 2021 and keep it balanced permanently, without raising taxes. PERCENTAGE OF GDP    See America's Record-Setting Spending in Graphic Detail >>	How to Balance the Budget in 10 Years Over 40 liberty-minded groups endorse balancing the budget in 10 years — here's how... Explore the Principles VIDEO: Obama Running Out of Excuses, says Sen. DeMint Incoming Heritage President says failed policies will come to light Watch the Video Now Coveting the Golden Goose "Soak the rich" policies hurt us all, notably those in need Read the Commentary

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