May
31
Taxpayers Getting Squeezed Ever Tighter
ByFrom USA Today: Leap in U.S. debt hits taxpayers with 12% more red ink
An excerpt:
The latest increase raises federal obligations to a record $546,668 per household in 2008, according to the USA TODAY analysis. That’s quadruple what the average U.S. household owes for all mortgages, car loans, credit cards and other debt combined.
The current rate of government spending is simply unsustainable. It must change or we’re doomed.
This post and the contents thereof are the views of only the author identified immediately above and do not necessarily represent the
views of the New York Young Republican Club, Inc. (the "NYYRC"), its officers or its members. The NYYRC expressly disclaims
responsibility for the contents thereof and by its charter documents may not, and does not, endorse any candidate for any office,
except in a general election.
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