Sunday, August 5, 2012

'Corporate Welfare' OBAMA'S SOLYNDRA COSTS TAXPAYERS Almost $100 BILLION in FY 2012, Cato Report Finds ..

At the same time, the federal government will run its fourth consecutive deficit in excess of $1 trillion this year.“If the nation is to avert a debt crisis, federal policymakers need to dramatically cut spending,” said the report, which was written  by Cato’s budget analyst on federal and state budget issues Tad DeHaven. “Whole programs need to be terminated, and handouts to businesses are a good place to start.”According to Cato, the most spending on “corporate welfare” programs in the federal budget -- more than $25 billion -- went to the U.S. Department of Agriculture.

'Corporate Welfare' Costs Taxpayers Almost $100 Billion in FY 2012, Cato Report Finds | CNSNews.com: CLICK  FOR  MORE..

No comments:

Post a Comment