First of a series The United States national debt is projected to reach $1 trillion before the end of the year. That’s a thousand billion dollars! At that figure, the government will owe about $4,415 for every man, woman and child in the country all 226,500,000 of them. If the amounts seem incredible to today’s generations accustomed to… Continue reading National Debt’s Approaching $1 Trillion Mark
Category: National Debt
Congress must act… or improve plan
President Reagan took the first big step toward fulfilling his election mandate from the people when he unveiled his proposals for economic recovery before a joint Congressional session. He outlined a program of spending and tax cuts, reduced government regulation, and pursuit of a stable monetary policy – and appealed to Congress to “make this… Continue reading Congress must act… or improve plan
It’s Time for Feds to Face Deficit
The time is long past due for the federal government to blow the whistle on routine deficit spending. This year the national debt will top $890 billion – more than $4,000 for each American, and the projected $15.8 deficit in President Carter’s whopping $615.8 budget for fiscal 1981 will keep the spiral soaring. Just the interest on… Continue reading It’s Time for Feds to Face Deficit
Review of Postal Salaries
Attention has been drawn to salaries of postmasters as a factor in the postal department deficit. The whole subject of finding ways to economize seems timely, with a proposal afoot to boost the cost of stamps for first class business mail to 16 cents. In Utah it costs the U.S. Postal Service well over $2.5… Continue reading Review of Postal Salaries
Let’s Have RoII Call Vote – On Federal Pay Issue
If leaders in Congress are really serious about a new much-publicized ethics program they will veer away from a backdoor salary boost for top federal officials and decree a congressional vote on the controversial proposition. This is something they apparently aren’t planning to do. Washington reports say neither house of Congress plans action before the… Continue reading Let’s Have RoII Call Vote – On Federal Pay Issue
Curb Red Ink Spending – Economic Stability: A Major Issue in Tuesday’s Election
With all its wealth and natural resources, the United States is on a red ink spending course that can only lead to financial disaster. In only two of the past 17 years has the government taken in more money than it has spent. Among the issues for sober contemplation as you plan your Tuesday vote… Continue reading Curb Red Ink Spending – Economic Stability: A Major Issue in Tuesday’s Election
Ballot Overprint – Waste of Tax Dollars
Utah lawmakers, when the legislature meets early next year, should take a hard look at a section in the statutes which consistently results in waste of the taxpayers’ money. The rule in question is 20-7-6 which provides that the clerk responsible for the election print 50 per cent more ballots than the total number of… Continue reading Ballot Overprint – Waste of Tax Dollars
Our Soaring National Debt
Yesterday the Herald appealed for faith in America in overcoming the serious problems which beset the country. There are things government itself must do to inspire that confidence – and one of these is to establish fiscal responsibility in the nation’s capital. Over-spending over many years has spiraled both the national debt and inflation. Government… Continue reading Our Soaring National Debt