Thursday, July 13, 2006

Stop federal overspending now!

"You worked 193 days this year to support the cost of government
This week, Americans for Tax Reform released its annual Cost of Government Day report. The results show that the cost of federal spending and regulation continues to increase faster than the growth of the income produced by American workers. In 2006, the average American worker will need to labor 193 days of the year to pay for the costs imposed by federal, state, and local governments. In other words, you had to work to until July 12th to pay for the costs of government, more than half the year.

The 2006 Cost of Government Day increased 1.4 days compared to last year and is up 12 days since 2000. Federal spending represents 67 percent of the increase in the total cost of government since 2000.

Clearly, reform is needed.

Fortunately, Sen. Judd Gregg (R-NH) recently introduced legislation called the Stop Over-Spending Act of 2006 which will begin the process to slow the growth of federal spending.

S.O.S will begin to fix this process by instituting new budget reforms which will protect American taxpayers. More specifically the legislation will:

1. Create a line-item veto which will better enhance the President’s ability to root out wasteful spending.

2. Institute new mechanisms which will slow the growth of mandatory spending.

3. Reinstate statutory caps on discretionary spending, enforced with across the board cuts if Congress exceeds the caps.

4. Finally allow analysis of the effectiveness of government programs which enables policymakers to better determine what programs are working and more importantly which programs are not.

Given the large increases in federal spending and the appetite for Congress to continue spending your money, it is vital you contact your member of Congress and tell them to support the Stop Over-Spending Act of 2006."

Support S. 3521 - Sen. Gregg's Stop Over Spending Act ==>Find your representatives and contact them Here

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