Washington now spends a record $22,000 a year per household. Defense and
9/11-related spending accounted for less than half the growth in spending
. Overall federal
spending is accelerating in Bush’s second term, not declining as he promised.
Entitlement spending is set to explode in the next decade or so — requiring
massive spending cuts, huge tax hikes, or real entitlement reform. Bush has
made the entitlement problem far worse rather than better in
. Under the
, pork barrel
spending has gone from around $10 billion to $25 billion today. The number
of “earmarks” under today’s Republicans has gone from 1,439 in
. The feds
cannot account for $24.5 billion spent in .
Meanwhile, the conservative National Center for Policy Analysis tosses its
senior fellow Bruce Bartlett out on his ear after they got wind of his
upcoming book: Impostor: How George
W. Bush Bankrupted America and Betrayed the
Reagan Legacy. It warms the heart of my cockles.
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