Publisher's Synopsis
The U.S. Federal Government is in very bad financial shape. It is too big, spends too much, wastes too much, and it intrudes too much, all as a result of decades of mismanagement and failure to limit abuses of federal power. Lacking Constitutional constraint, or intervention by the people, our national elected officials have... -created a complex and unmanageable tax system; -appropriated an explosion of deficit spending resulting in the accumulation of dangerously large federal deficits rapidly approaching $20 trillion; -authorized 175,000 pages of regulations, many of which may not be authorized in law; and... -failed to insure sufficient resources from funds held in Trust (Social Security and Medicare) to pay the legitimate future benefits to our people mandated by law. -employed improper accounting that massively understates the extent of Federal Govern- ment liabilities. A half-century of Federal mismanagement has steadily weakened us as a nation and could, if not fixed, result in the collapse of our currency, our economy, and perhaps even our entire Federal Government. The extent and difficulty of these problems is rapidly growing and absolutely nothing is being done to solve them. It is time for we the people to step up and fix this.