US Debt Clock, govenment waste

  • With all the hurricanes and the sad event in Las Vegas, not too much attention was paid to the face that the U.S. Debt Clock shows that federal debt recently crossed the $20 trillion mark and continues to increase. In my household if we were in debt we'd look for a way to get out of it. Find ways to make more money and look for expenses that could be cut or eliminated.

     

    That's where Citizens Against Government Waste 2017 Prime Cuts book comes in. Allow me to quote two excerpts.

     

    "The 2017 version contains 607 recommendations that would save taxpayers $336.2 billion in the first year and $2.3 trillion over five years. The Congressional Budget Office (CBO) estimates that the fiscal year (FY) 2017 budget deficit will be $693 billion. If all the Prime Cuts recommendations were adopted, a balanced budget could be achieved within three years. Since CAGW’s inception in 1984, the implementation of its recommendations has helped save taxpayers $1.8 trillion."

     

    One example particularly struck me. We're all for energy efficient appliances. They help conserve energy and reduce costs. But sometimes we don't get what we want.

     

    "A March 2010 GAO report found that the ENERGY STAR program is vulnerable to fraud and abuse. The GAO submitted 20 phony products for certification, 15 of which were cleared, including a gas-powered alarm clock.” It might be time to check their approval process!

     

    I know that some would not agree with some of the items on CAGW's list. But even if they were right half the time that would be over $1 trillion in 5 years! Maybe it's time that we forced our representatives to start treating the govenment budget the same way you and I have to treat our budgets at home.

     

    Keep on Stretching those Dollars!

    Gary


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