Which political party is wasting the most tax payers money?
Dr. Baldwin, in an article entitled, Republican Party is Outspending Democrats, on March 30, 2004 gave the answer to this question as follows: “With the Republican Party in virtual control of the entire federal government, federal spending has escalated to the highest level in American history. Not only have Republicans done nothing to decrease spending, they have actually outspent Democrats. Those who believe that the Republican Party actually supports less government and less spending must be regarded as among the most deceived and gullible people on the planet! For example, since President Bush took office, federal outlays have increased some 24%. A budget surplus of more than $200 billion has turned into a budget deficit of over $700 billion by the end of 2004. Furthermore, our national debt now totals in excess of $7 trillion. Beyond that, President Bush and a Republican controlled Congress have superintended over the largest trade deficits in history. Our trade deficit closed the