Obama is about to unleash a $3.552 TRILLION budget on this poor nation. So, if we each of us were expected to fork over our share of that tab, what would it cost us? Well, according to Toby Harnden, blogger for the Daily Telegraph, it would amount to $25,573.48 each.
I don’t know about you but, I just don’t have it.
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.
Warner Todd Huston’s thoughtful commentary, sometimes irreverent often historically based, is featured on many websites such as gatewaypundit.com, renewamerica.us, rightwingnews.com, chicagonow.com, stoptheaclu.com, andamericandaily.com, among many, many others. He has also written for several history magazines, has appeared on numeruous TV and radio shows and appears in the new book “Americans on Politics, Policy and Pop Culture,” which can be purchased on amazon.com. He is also the owner and operator of Publius’ Forum.
Warner can be reached at: .(JavaScript must be enabled to view this email address)
Pursuant to Title 17 U.S.C. 107, other copyrighted work is provided for educational purposes, research, critical comment, or debate without profit or payment. If you wish to use copyrighted material from this site for your own purposes beyond the 'fair use' exception, you must obtain permission from the copyright owner.
Views are those of authors and not necessarily those of Canada Free Press. Content is Copyright 2012 the individual authors.
Pursuant to Title 17 U.S.C. 107, other copyrighted work is provided for educational purposes, research, critical comment, or debate without profit or payment. If you wish to use copyrighted material from this site for your own purposes beyond the 'fair use' exception, you must obtain permission from the copyright owner.
Views are those of authors and not necessarily those of Canada Free Press. Content is Copyright 2012 the individual authors.
