Despite taking in record amounts of revenue in tax dollars from the American public it seems that the government remains insatiable in its appetite to spend this money.
Ever since President Obama came into office in 2009 he has added regulation after regulation, further increasing the government’s expenditure of the United States economy. In fact, as of August last year the government consumed a whopping 31% of the nation’s economy.
During Obama’s presidency, the U.S. has seen four out of the top five years of increased regulation in our history. Last summer, the Competitive Enterprise Institute issued a report that indicated that the Evironmental Protection Agency (EPA) alone was working on nearly 3,500 new regulations. These thousands of pages of regulations, along with the trillions of dollars of spending have led to massive debt for the United States government.
And it only gets worse. Just last Wednesday, an auditor for the Goverment Accountability Office (GAO) told legislators that the government is now on track to owe more money in debt than the entire U.S. economy produces.
To read about this alarming report by the GAO and how publicly-owned debt is about to hit historic levels, continue reading on the next page:
We thought when we elected a republican congress things would change ,Well it got worse !! 100 % Donald Trump for President 2016 !!
Why do our politicians never learn from history?
Let the games begin!
Boy, those vacations sure add up quick! Then there’s the real expenses.
And the surprise is?
Road to distrustion
And this is WITHOUT Sanders helping! Lol!!! Imagine with the his plan!
Well hey everyone don’t worry Obama just approved himself a raise!!!! He’s gonna pay for it buy denying Vets and Active Military any funding, cutting our Military down to nothing, and lets not forget Congress voted themselves a raise then turned around and denied a minimum wage increase, and a cost of living increase oh and the big one denying SS recipients an increase. But it’s ok he got everyone in America Health insurance !!!
Better wake up and get a businessman in office or we will be destroyed. Vote Trump.
The Obama administration doesn understand the meaning of living within ones means, he spends and spends then takes and spends