Scary Stats on Growing Federal Government!

Sobering stats: this year the federal government will:

• spend $30,958 per household
• tax $17,576 per household
  
• borrow $13,392 per household

Federal spending, in particular, will

• be increased by 22%
• account for 26% of the gross domestic product (GDP)

By 2019, we'll be spending almost $800 billion just to pay net interest on our debt.

And none of these estimates include the cost of health-care reform!

(HT: Justin Taylor)