Thursday, February 12, 2009

Cost Per Taxpayer

The House and Senate have agreed on a $789 Billion spending package yesterday. It will be voted on by both bodies today or tomorrow.

This will cost $7,890 per taxpayer.*

The bailouts last year totaled $1 Trillion 369.9 Billion . That means $13,699 per taxpayer.

Neither of these numbers include the regular government budget, which was $638 Billion in 2008. We should probably expect the budget to be even higher this year.

*This assumes we have about 100 million taxpayers (there were 92.7 million taxpayers in 2006, the latest data available.)

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