Washington will spend $31,406 per household this year — Brian Riedl, Heritage Foundation
It will collect $18,276 per household in taxes. The remaining $13,130 represents this year’s staggering budget deficit per household, which, along with all prior government debt, will be dumped in the laps of our children. • Government spending has increased by $5,000 per household since 2008, and nearly $10,000 per household over the past decade. Yet there is no free lunch: If spending is not reined in, then eventually taxes must also rise by $10,000 per household. • Washington will spend this $31,406 per household as follows:
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- Deficit $4 Trillion More — Brian Riedl
- Op-ed, public letter from Senator Orrin Hatch and Senator John Cornyn – Rethinking a Balanced Budget Amendment
- Jay Cost – Barack Obama is stuck in the 1960s
- CA: Look at State Spending from Gov. Pete Wilson to Gov. Arnold Schwarzenegger
- NRO: Federal Obligations Per Household Up 12%, Reach a Record $546,668 per Household
