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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
Surprised? Reports Show Obamacare Will Increase Spending
Thursday, September 9, 2010 5:43 PM
News today that Obamacare will continue to increase health care costs probably made little noise, as taxpayers are already feeling the impact of the law. A report released today by the Centers for Medicaid and Medicare Services show that spending will increase under the massive government overhaul of the country's health care system passed in June. Total spending on health care in the U.S. will total $4.6 trillion by 2019 - 20 percent of all spending. This represents a 6.3 percent increase per year.
We warned for months of the budgeting gimmicks and legislative trickery used to mask the true cost of this enormous government takeover, and highlighted the potential impact of Obamacare in our Cost of Government Day report. The fact that the calculations are now showing our warnings to be correct is anything but surprising.
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