Tuesday, March 08, 2011

Scott Brown is not perfect...

...but Ted Kennedy would never have proposed this...
Taxpayers are entitled to see exactly where their money is being spent and how much Uncle Sam borrows each year.

Under this legislation, every taxpayer who files an income tax return would receive an itemized receipt – similar to a grocery store receipt – from the IRS that lists where their payroll and income taxes are spent. The receipt would include key categories such as the interest on the national debt, Social Security, Medicare, Medicaid, national defense, education, veterans’ benefits, environmental protection, foreign aid – and, last but not least, Congress.

Taxpayers also would be directed to a website where they could get more detailed information on programs not included on the one-page receipt. Additionally, the receipt would provide taxpayers with the amount of debt per American – which currently is more than $45,000 - and how much new borrowing we put on the national credit card in the past year.

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