Just the Facts (Part 1): the budget and spending
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Last week, Congress flagrantly blew right past its budget deadline, and it doesn’t look like it is going to begin working on a budget any time soon.
At Bankrupting America, we’re committed to bringing you the facts about our government’s outrageous spending and to holding Congress accountable to the budget process. This week we’re going to be introducing our Bankrupting America fact sheets. These fact sheets will provide you with interesting and useful facts that will put government spending and the budget in perspective.
Did you know that Congress has failed to produce a budget four times since 1980?
Did you that if we cut 2011 spending to the level we budgeted for it in 2007, we could save almost $600 billion?
Did you know that according to the Budget Act of 1974, Congress is required by law to produce a federal budget resolution by April 15th each year?