and learn conservative answers to cut government spending!
1. Since 2000, the amount of money the federal government spends per household has risen by 25 percent to a staggering $20,000 per family.
False. $20,000 per household is staggering, but that was how much Washington politicians spent back in 2000! Since then, lawmakers increased spending by about 55 percent—so that now they are spending $31,000 for every household. This is why The Heritage Foundation has pinpointed $343 billion in spending cuts Washington can make immediately—and why they have alerted the new Congress to this list of waste that quickly needs to come out of the budget.
2. In the next six years, interest payments on the national debt will double.
False. What if the interest payments on your personal debt tripled in the next six years? Unless you are a young person buying a first home, it would be devastating to your future. No wonder more Americans predict that their children’s lives will not be as prosperous or free as their own. But there is still time to act. Cutting federal spending, cutting regulations, and lowering taxes will unleash America’s economy and help reduce annual deficits and our total national debt.
3. Federal employees earn 30–40 percent more in salaries and wages than their vocational counterparts in the private sector.
True. Yes, federal workers make 30–40 percent more in salaries or hourly wages than private sector workers in corresponding jobs. For a private sector worker making $50,000 per year, a federal worker at the same kind of job will likely make $65,000–$80,000! This is simply a waste of taxpayers’ money. Paying federal workers fair wages would help cut the federal budget. Be assured, The Heritage Foundation is vigorously reminding the new Congress of this glaring fact.
4. With so many people dependent on welfare, there is no hope of reining in federal spending.
False. Aggregate social welfare spending now approaches $1 trillion annually, and much of it does more harm than good—but there are ways to dramatically cut back. For example, The Heritage Foundation recommends that Congress cap annual welfare spending growth at inflation. This will force the government to consider innovative new approaches that could actually help the poor surmount poverty. Congress could, for instance, require able-bodied adults to treat a portion of certain welfare benefits as loans to be repaid rather than as an open-ended grant from taxpayers.
5. Washington spends more on welfare for big corporations than on homeland security.
True. Amazingly, Washington politicians are spending more on corporate welfare than on protecting our homeland from terrorists, drug gangs, and border security. In fiscal year 2008, we spent $90 billion on big corporations, compared to only $70 billion for homeland security. And that was before the Obama administration and the big bailouts! There is no justification for this . . . but it is what happens when government gets too big and special interests manipulate it for their own gain. The Heritage Foundation is exposing such largesse, and we are leading calls for it to stop.
6. If you have paid off your mortgage, car loan, all credit cards, and every conceivable personal loan or obligation, then congratulations!—you are free from the burden of debt.
False. Because federal spending has increased by 242 percent since 1970, the average household owes about $68,000 of the national debt. Worse, under the Obama budget, this will double in five years and nearly triple over the next 10 years! “We the People” owe that money, and our children will pay even more if something isn’t done. The Heritage Foundation’s report How to Cut $343 Billion from the Federal Budget proposes a realistic plan to avoid disaster.
Help stop the liberals’ assault on America’s future—and take the lead in the conservative comeback!
Despite the challenges, conservative ideas are coming back. We would like to email you a copy of The Heritage Foundation’s new game plan for cutting big government down to size: How to Cut $343 Billion from the Federal Budget. Please provide your name and email address below, and we will send your copy immediately.
Yes! Please email me a copy of The Heritage Foundation’s How to Cut $343 Billion from the Federal Budget.