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  • user warning: Table './conserva_drupal/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>FEDERAL SPENDING: November 1, 2019</p>\n<p><img alt=\"\" src=\"http://conservativechronicle.com/sites/default/files/Jeffrey.gif\" style=\"width: 300px; height: 116px;\" /></p>\n<p>The leaders of both the Republican Party and the Democratic Party in the U.S. Senate proved again this week that they favor a bigger federal government that spends and borrows more money.</p>\n<p> THEIR TIMING was symbolically perfect.<br />\n On Friday afternoon, the government released the Monthly Treasury Statement for September, the last month of fiscal 2019.<br />\n It revealed that during the last fiscal year, the federal government collected an all-time record of approximately $1,717,857,000,000 in individual income taxes.<br />\n At the same time, the federal government spent an all-time record of approximately $4,446,584,000,000.<br />\n Total federal revenues &mdash; which, in addition to individual income taxes, include such things as Social Security taxes, corporate income taxes, excise taxes, customs duties, estate taxes and gift taxes &mdash; did not set an all-time record in fiscal 2019. At approximately $3,462,196,000,000, they were only the third highest in U.S. history. (Fiscal 2015, when total revenues were $3,505,571,540,000 in constant September 2019 dollars; and fiscal 2016, when they were $3,474,127,040,000, remain No. 1 and No. 2.)<br />\n The gap between the federal government&rsquo;s record spending in fiscal 2019 and its third-highest total tax revenues resulted in a deficit of $984,388,000,000.<br />\n When the fiscal year came to a close on Sept. 30, the federal debt stood at $22,719,401,753,433.78.<br />\n By the close of business on Monday, Oct. 28, that debt stood at more than $22,950,538,299,859.71. It had already increased by more than $231 billion less than one month into fiscal 2020.<br />\n When the Senate met on Monday, it took up amendments to a massive spending bill called the Commerce, Justice, Science, Agriculture, Rural Development, Food and Drug Administration, Interior, Environment, Military Construction, Veterans Affairs, Transportation, and Housing and Urban Development Appropriations Act, 2020.<br />\n Republican Sen. Rand Paul of Kentucky offered a succinct amendment to this bill. The Congressional Record summarized it as follows: &ldquo;To reduce the amounts appropriated to be 2 percent less than the amount appropriated for fiscal year 2019.&rdquo;<br />\n &ldquo;In my office, I have a debt clock,&rdquo; Paul said on the Senate floor when he explained his proposal. &ldquo;It is spinning out of control. The numbers are mind-boggling.&rdquo;<br />\n &ldquo;What I have offered is a commonsense approach to this,&rdquo; he said. &ldquo;Everybody has their sacred cow. Everybody has some money they want to spend somewhere. Why don&rsquo;t we cut every program by 2 pennies?&rdquo;<br />\n The amendment lost 24 to 67 &mdash; with nine senators not voting.<br />\n All 24 who did vote in favor of the 2% cut were Republicans. But they were outnumbered by the 25 Republicans &mdash; including Senate Majority Leader Mitch McConnell of Kentucky &mdash; who joined 42 Democrats &mdash; including Senate Minority Leader Chuck Schumer of New York &mdash; to defeat the 2% cut.<br />\n Congress is continuing what is now a bipartisan tradition.<br />\n In the first two decades of the 21st century, real federal spending has increased by 70.7%.<br />\n In fiscal 1999, when Bill Clinton was president, total federal spending, according to the Monthly Treasury Statement, was $1,702,942,000,000 in 1999 dollars &mdash; or $2,604,203,010,000 in constant September 2019 dollars (adjusted using the Bureau of Labor Statistics inflation calculator). That increased by $1,842,380,990,000 to reach the record $4,446,584,000,000 the federal government spent in fiscal 2019.</p>\n<p> IN THE intervening years, the Republicans and Democrats have traded control of the White House and both houses of Congress. But neither party has shown a serious interest in controlling federal spending or federal debt.<br />\n It is true that much of the increase in federal spending is driven by &ldquo;mandatory&rdquo; spending on Medicare and Social Security. In fiscal 1999, for example, the federal government spent $190,447,000,000 (or $291,238,720,000 in September 2019 dollars) on Medicare. In fiscal 2019, according to the Monthly Treasury Statement, it spent $650,997,000,000 &mdash; an increase of about $359,758,280,000 or 124%.<br />\n In fiscal 1999, the federal government spent $390,041,000,000 (or $596,465,380,000 in September 2019 dollars) on Social Security. In fiscal 2019, it spent $1,044,416,000,000 &mdash; an increase of $447,950,620,000 or 75.1%.<br />\n But the federal Department of Education also increased its spending from $49,600,820,000 (in constant September 2019 dollars) in fiscal 1999 to $104,364,000,000 in fiscal 2019. That was a real increase of $54,763,180,000 or 110.4%.<br />\n Should Senate Republicans exempt the Department of Education from a 2% cut?<br />\n The Department of Agriculture spent $96,095,760,000 in constant September 2019 dollars in fiscal 1999. By fiscal 2019, that had climbed 56.2% to $150,121,000,000.<br />\n Should the Republican Senate exempt the Department of Agriculture from a 2-percent cut?<br />\n The Department of Commerce spent $7,701,240,000 in constant September 2019 dollars in fiscal 1999. By fiscal 2019, that had climbed by 47% to $11,324,000,000.<br />\n Should the Republican Senate exempt the Department of Commerce from a 2% cut?</p>\n<p> WHEN Republicans and Democrats work together in Washington, D.C., today, it is not to cut a bloated federal government but to cut the chances this nation will be solvent and prosperous for our children and grandchildren.&nbsp;</p>\n', created = 1575578766, expire = 1575665166, headers = '', serialized = 0 WHERE cid = '2:bf3e173200f95b7a72f681715438702d' in /home/conserva/public_html/includes/cache.inc on line 112.
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Wasn’t a $4.4 trillion federal government big enough?

FEDERAL SPENDING: November 1, 2019

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