The U.S. Treasury Department today announced federal income and expenditure figures for December, showing government spending hit a record high and Washington took in even more than it spent.This should remove any remaining vapor of a suggestion that George Bush is a conservative.
The $230.9 billion spent was an all-time high for a single month. That figure represented a 5.6 percent increase over the spending level in December 2004.
AP reported through the first three months of the current budget year, which began on Oct. 1, government tax receipts have totaled $530.2 billion, up 8.8 percent from the same period a year ago. During the same three months, the federal government has spent $649.52 billion, a 7.2 percent increase from the same period a year ago.
And don't bother telling me that Congress authorizes all spending.
Has he vetoed ONE spending bill?
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