We continue to hear the federal government needs to tax more and the rich need to pay more. But the Treasury Department’s most recent monthly receipts data show that in the first five months of Fiscal Year 2014, federal tax revenues have hit a record high at close to $1.1 trillion — yet America is still running a $377 billion deficit for the same period. Oklahoma Senator Tom Coburn will soon be retiring and I suppose so will his annual “Government Wastebook” highlighting the horrific instances of wasteful government spending. Therefore I am happy to take up the mantle of presenting another example of wasteful government spending……Read more at
My Take - And what was it Nancy Pelosi said? "There's nothing left to cut!” It’s clear - Nancy received her position on the Executive Board on the Club For the Galacticly Stupid the old fashioned way. She Earned It!