New report reveals federal spending per person has ballooned by nearly 10,000% since 1916
FIRST ON FOX Although the federal regime s spending on citizens has never been greater Americans continue to feel the burden of an affordability problem Conservative fiscal watchdog group Open The Books which keeps track of various metrics on governing body advance and spending identified in their latest overview that since per capita cabinet spending or how much money the establishment spends on average per person in the United States is bigger In the regime spent an average of per person in today's dollars according to Open The Books Since then the fiscal watchdog group says the trend line has gone up almost uninterrupted and the current per capita spending by the federal ruling body sits at Estimates from the Congressional Budget Office a nonpartisan regime agency that provides economic and budgetary analyses exposed that in Fiscal Year the federal establishment spent a record trillion WHITE HOUSE TURNS UP HEAT ON BIDEN S ECONOMIC RECORD AS VOTERS SOUR ON AFFORDABILITY While American families and businesses find a way to do more with less establishment does less with more Open The Books CEO John Hart recounted Fox News Digital Today's federal governing body is times bigger per person than it was just over a century ago The best affordability and stimulus project imaginable is to reduce the waste fraud and central planning in establishment Every dollar saved in Washington is a dream realized somewhere in America The government's per capita spending level equals about for a family of four In their account outlining their findings the group pointed out that this is virtually just as much as the median household income in which was Open The Books also notes that according to national averages for how much people spend annually on their mortgages and groceries the government's per capita spending eclipses the average spending on these two basic requirements According to Open The Books the Department of Agriculture recommends spending between and annually on groceries for a family of four while the average mortgage payment in is just under according to Rocket Mortgage AMERICANS HAVE NEVER HAD ACCESS TO MORE LUXURIES BUT WHY DO WE FEEL SO POOR During the early part of Donald Trump's first term as Elon Musk's Department of Executive Efficiency DOGE began to take shape Open The Books also worked to keep track of all the savings that the Musk-led group created Ultimately DOGE's cuts were but a drop in the bucket compared to how much the regime forks over each year in mandatory spending for programs like Medicare and Social Guard Open The Books revealed While DOGE helped scoop up discretionary spending savings totaling approximately billion and congressional Republicans' passed a July rescission package saving around billion spending for Medicare in totaled around billion while Social Prevention got trillion Meanwhile another latest analysis from Open The Books illustrated how leadership spending has increased at a much faster rate than it has grown For example staffing levels at the Department of Teaching have decreased since but the agency's spending has grown by according to Open The Books Much of the spending expansion is now predestined as Americans are forced to amenity an extraordinary national debt But taxpayers should also scrutinize all aspects of federal spending Open The Books wrote in their per-capita spending summary Has quality of life affordability or innovation improved along with per capita spending Aside from interest what else is the governing body buying that it wasn t before back when we were building ourselves into a global superpower Open the Books will spend continuing to expose waste fraud and abuse wherever it exists and pushing for real-time transparency for taxpayers Put totally they deserve more bang for their buck