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an effort to create searchable online databases for government expenditures

a tool to highlight the hypocrisy of tax hikers

Constitutional or statutory requirement to rein in growth of revenues end expenditures

a commitment made by elected officials and candidates for elected office never to raise taxes

Raising the bar for tax increases

Requiring a cool-off period for all bills with a fiscal impact

pork-barrel spending - the broken windows of the budget

Cost of Government Day Report 2008

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Available Now: Cost of Government Day 2009 Report

Cost of Government Day (COGD) is the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of spending and regulatory burdens imposed by government on the federal, state and local levels.

Cost of Government Day for 2008 is July 16. Working people must toil on average 197 days out of the year just to meet all costs imposed by government. In other words, the cost of government consumes 53.9 percent of national income.

click here for a full-text version of the report in PDF.

 

Overview
Components  
Federal Spending
Special Focus: Spending and the Federal Budget Deficit  
State and Local Spending  
State Tax Increases  
Special Focus: Phase Out State Income Taxes  
The Burden of Regulation  
Cost of Government Day by State  
Special Focus: Interstate Migration  
Special Focus: America’s Entitlement Crisis
Towards an Earlier Cost of Government Day

Research and Analysis by Peter Ferrara

Click here to view video coverage of the Cost of Government Day 2008 press conference.

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