In case you think government spending is out of control and the GOP RINOs and sellouts have given spendthrift Obama everything he wants, here’s some more data to chew on: over the last five years, we have spent $2.5 trillion less than Obama was projecting in 2009, including $697 billion less in 2015 alone. That’s the equivalent of having cancelled Medicaid. And, of course, those savings become baked into future projections, which means unfunded liabilities are down by trillions as well.
Is it perfect? No. It is a huge improvement? Absolutely. If the GOP had shown this kind of spending restraint while Bush was President, we would currently be running a $400-800 billion dollar surplus right now and the national debt would be about $8 trillion smaller. And that’s with the Obama stimulus included. Without, the numbers would be even further in the black.
Spending restraint. It works.
In a day when even minor public officials feel like they need full-time bodyguards, private planes and police escorts, this is refreshing:
Kentucky Sen. Rand Paul says he will send a $600,000 check to the U.S. Treasury, returning the part of his operating budget as a senator that was not spent.
Paul made the announcement at press conference in Kentucky on Wednesday. According to a press release from Paul’s office, the sum is over 20 percent of the total operating budget.
I have no idea if this is unusual or how unusual it is. I would suspect that most senators max out their spending, but would like to see some hard figures on it.
In any case, while half a million isn’t much by government standards, it’s a nice gesture from the supposed crackpot from Kentucky. I’ve known a few other Senators who eschewed the trappings of office (Orin Hatch, George Allen) and practice what preach on government spending. We need more.