Peter Spung

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As the facts make undeniable, the nation is running out of time. Federal fiscal spending in real dollars has increased to unsustainable levels. For fiscal operations alone, in 2002, the federal government spent a little over $2 trillion. By 2008, it spent $2.98 trillion. In 2009, federal spending increased to $3.5 trillion. For 2010 and 2011, federal spending was $3.45 and $3.6 trillion, respectively. In 2012, federal spending was $3.79 trillion.6 As a percentage of GDP, federal spending for fiscal operations is historically sky-high. In 2002, federal outlays as a percentage of GDP were 19.1 ...more
The Liberty Amendments: Restoring the American Republic
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