User:Bkinnett3

Cost of Government - Simple Math

As virtually all of the news reports discuss the Unites States Federal Government spending in terms of billions and trillions, which few people comprehend, this page is dedicated to putting our Government under terms anyone can understand. Although spending doesn't directly impact the taxpayers and voters of the country, like taxes, spending is far more important. Taxes only show the taxpayer the current bill for services rendered. For example, do you view a one-time monthly bill for $500 the same way as a recurring monthly bill of $500? Vast difference. That is why Spending is far more important than taxes. Some Spending means that taxes will be higher for the next 5, 10, 20 years, or longer. The cost is real, even if not immediate. For instance, the cost of Retiree Programs to the Taxpayers will be $1.4 trillion (2010 President's Budget for Retiree Spending). This amounts to $$8,800 for the Average U.S. Employee (March 2009 Total Employed in the United States). By contrast, George Bush's expansion of Medicaid prescription drug benefits Government could cost

March 2009 Total Employed in the United States
Civilian: 140,887,000 Government: 22,538,000 Total:    163,425,000

2010 President's Budget for Retiree Spending:
Social Security: $695 billion + Medicare:       $453 billion + Medicaid:       $290 billion = Total:        $1,438 billion