|Dedicated to helping citizens of all generations understand how tax and spending policies affect them.||Home | Donate | RSS | Log in|
Study: Money Doesn't Grow on Trees, but Current Congress Wants to Spend Tax Dollars Like It Does
For Immediate Release November 5, 2007
Pete Sepp, (703) 683-5700
(Alexandria, VA) -- Changing leaves don't mean changing fiscal priorities -- at least not for the 110th Congress, which returned from its pre-autumn recess to continue plucking the "green" trees of taxpayer dollars. Members of Congress proposed more spending cuts than in recent years, but fewer than one in seven Representatives and fewer than one in 10 Senators have spending agendas that would reduce the taxpayers' tab, according to the National Taxpayers Union Foundation's (NTUF) latest BillTally report.
"It is often said that money does not grow on trees, but based on Congress' overall fiscal work product, many taxpayers would be led to believe that this adage never reached Capitol Hill," said Demian Brady, NTUF Senior Policy Analyst and BillTally Director. The study also found:
Since 1991, BillTally has computed a "net annual agenda cost" for each Member of Congress based on individual sponsorships of legislation -- bills over which authors have complete control. The study provides a look at the fiscal behavior of lawmakers, free from the influence of committees, party leaders, and rules surrounding floor votes. All cost estimates for bills are obtained from third-party sources or are calculated from neutral data.
NTUF is the nonpartisan research arm of the 362,000-member National Taxpayers Union, a citizen group founded in 1969. Note: NTUF Policy Paper No. 164, Shaking the Money Tree: The 110th Congress through the Fall Recess, and previous BillTally reports, are available at www.ntu.org.