Wednesday, March 2, 2011

Wasteful Government Spending

In today's newspaper, the Wall Street Journal, there was a particular article titled "Both Sides Embrace Government-Waste Study" about government spending that caught my interest. Both the Democratic and Republican party have come to an agreement on the vast wasteful nature of the United States government. The Government Accountability Office (GAO) released a report unveiling billions of US taxpayer dollars going to waste on dozens of overlapping programs. The government offers financial support to several different programs in areas of defense, education, and transportation. By consolidating these programs, the efficiency of these organizations would drastically increase saving billions of dollars. The government needs to look at more pressing issues, such as the rising government deficit which is expected to reach $1.65 trillion in 2011 and the high possibility of reaching the  debt ceiling by early April. This article is very interesting because it talks about the various inefficiencies in how the US government is currently run, its impractical spending, and how we should look to improve in the future. Also, it is super cool to see how both parties have agreed to work together to make our country a better place!

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