Will Rogers once said, “It is a good thing that we do not get as much government as we pay for.” That may be true, but I think we all wish we were paying for a lot less government and a lot less taxes. Our federal government is at historically high levels of spending — in recent years gobbling up nearly 25% of the total economic output.
Every year, the federal government spends more money than it did the last year. Even this year with the “sequester,” federal government will spend more money this year than it did the year before. [Read more...]