Robert Maguire's Library tagged spending →  View Popular

• The 2010 Pentagon budget means "every man, woman and child in the United States will spend more than $2,700 on (defense) programs and agencies next year," reports the Cato Institute. "By way of comparison, the average Japanese spends less than $330; the average German about $520; China's per capita spending is less than $100."
• "(The Pentagon budget) dwarfs the combined defense budgets of U.S. allies and potential U.S. enemies alike," reports Hearst Newspapers.
• "President (Obama) is on track to spend more on defense, in real dollars, than any other president has in one term of office since World War II," reports National Journal's Government Executive magazine.
• In 2000, the Pentagon admitted it has lost -- yes, lost -- $2.3 trillion. In 2003, the San Francisco Chronicle reported that a subsequent Department of Defense study said it was only $1 trillion. To put such numbers in perspective, contemplate what those sums could finance. $1 trillion, for instance, could pay the total cost of universal healthcare for the long haul. $2.3 trillion would cover universal healthcare plus the bank bailout plus the stimulus package.

Released yesterday:

(1) Smaller government, smaller national debt, lower deficits and lower taxes by opposing bills like Obama’s “stimulus” bill
(2) Market-based health care reform and oppose Obama-style government run healthcare;
(3) Market-based energy reforms by opposing cap and trade legislation;
(4) Workers’ right to secret ballot by opposing card check
(5) Legal immigration and assimilation into American society by opposing amnesty for illegal immigrants;
(6) Victory in Iraq and Afghanistan by supporting military-recommended troop surges;
(7) Containment of Iran and North Korea, particularly effective action to eliminate their nuclear weapons threat
(8) Retention of the Defense of Marriage Act;
(9)
Protecting the lives of vulnerable persons by opposing health care
rationing and denial of health care and government funding of abortion;
and
(10) The right to keep and bear arms by opposing government restrictions on gun ownership

He forced the massive and truly crippling Medicare prescriptions drug benefit through the Congress, backed two hugely expensive wars, refused to raise any taxes, and presided over an unprecedented rise in domestic discretionary spending. He took a surplus and gave us back a recession and a trillion dollar deficit. He believed that the executive branch had total authority to ignore the laws on torture, and possessed war-powers within the United States with respect to American citizens captured without due process.

But he is now intent on restraining "runaway spending and government expansion."

Here he is explaining why Europe isn’t a zero growth dystopia:

In America, people tend to think of their federal taxes as money down a rat hole and react accordingly. But in Europe, the people are more apt to feel they are simply paying for services with their taxes that Americans have to pay out of pocket.

This fact is best illustrated by health care. Most Americans get health insurance through their employers. The cost reduced their cash wages by 7.9 percent on average in 2008 according to the Bureau of Labor Statistics. If we had national health insurance and insurers were entirely relieved of this expense, they could afford to pay their workers 7.9 percent more and be no worse off. If the payroll tax went up by 7.9 percent to pay for health insurance, it would all be a wash, but both taxes and government spending would be higher. [...] The second reason why taxes have less of an impact on incentives in Europe than one might expect is because European countries raise much more of their revenue from consumption taxes than the United States does.