Buzz: Household debt to Feds $815,788; Trump-Levin share well-done steaks
CEI’s Wayne Crews is cited in Washington Examiner on the per-household debt burden:
Our friend Clyde Wayne Crews, the regulations expert at the Competitive Enterprise Institute, has done the math of what households “owe” in government costs, and it’s not pretty. He figures the national debt puts an $800,000 per household weight on. Regulations add another $15,788. Since most of us pay taxes through paycheck withholding, we don’t really see the costs of government. So Crews has a way to wake everyone up: eliminate withholding and force people to write a check to the U.S. Treasury every year to cover their “costs.” That, he said, would make “the size and scope of government unmistakably clear.”
Read the full article on Washington Examiner.