JANE BURGERMEISTER REPORT: ‘Budget Cuts are Meaningless Without Fed Transparency’

Budget Cuts are Meaningless Without Fed Transparency Jane Burgermeister | April 20, 2011 at 4:07 pm | Categories: Uncategorized | URL: http://wp.me/puNtl-1c3

Ron Paul

Infowars.com

April 19, 2011

Congress focused on issues surrounding government spending this week as talk of deficits, the national debt, and the debt limit saturated the airwaves. This is a positive development. In years past, there was very little concern over how much was spent here in Washington, how it was spent, or how much of our gross domestic product was being consumed by government.

That blissful ignorance naturally resulted in decades of government spending with impunity, bringing us to where we are today: trillions in debt with astronomical entitlement obligations that will be impossible to fulfill in the not too distant future. So it is a good thing that there is so much political pressure now on our leaders to actually put the brakes on runaway spending. Read more of this post