Not counting the "Stimulus", "Tarp" 1 or 2, or the proposed "Homeowner Bailout".
Face it folks.....this is not sustainable. There is simply no need for all this spending. The Dems are breaking the bank for sure.
I'm ready to climb the Capitol steps for a takeover.............
Face it folks.....this is not sustainable. There is simply no need for all this spending. The Dems are breaking the bank for sure.
I'm ready to climb the Capitol steps for a takeover.............
$25, 573.48 - what Barack Obama's budget will cost each taxpayer
Posted By: Toby Harnden at Feb 26, 2009 at 19:06:47
Posted in: Foreign Correspondents
UK Telegraph
So how much will President Barack Obama's budget cost us? The projected 2010 budget of $3.552 trillion can be found on page 114 of the "New Era of Responsibility" budget here.
The US Census bureau estimates that the current US population is 304,059,724. Dividing the $3.552 trillion by that gives us close to the $11,833 that Drudge came up with. ABC's Jake Tapper reports that there wil be $989 billion in new taxes over the next decade.
I'm an American taxpayer and the starkest figure is what this could cost me. The latest figure I could find for the number of US taxpayers is 138,893,908 returns in 2007 here. By my reckoning, that's $25, 573.48 each.