Saturday, January 23, 2010

Entitlements and Federal Deficits?

Last year, the federal government ran a $1.4 trillion deficit which was three times as high as Pres. Bush. (and we thought Bush spent too much) Over 65 percent of the federal budget goes to pay for entitlements and payments on the national debt.

The Founding Fathers never expected the federal government to take care of the poor. This was not a federal responsibility. This was a family, church, and local responsibility.
Consider:
  • federal programs cost 30 to 50 percent more than state programs
  • if all federal social programs were returned to the states along with the revenue for these programs
  • then, a state like Idaho couls save 30 percent or $500 million on its $1.9 billion H&W budget


$500 million, used more efficiently at the state level, could solve many of Idaho's budget problems and allow the federal government to get its fiscal house in order.

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