Yeah, what else is new. Does anyone know how much $53.8 billion in cigarette taxes is over ten years? (0.16 percent of projected revenue, an average of $16 per person.) How about cost saving of $157 billion in Medicare over the next decade? (It's around 3 percent of the projected Medicare budget over this period.) And we wonder why the public has no idea of where their budget dollars are going.
--Dean Baker
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help:
• Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.
Every dollar funds our in-depth reporting.
Donate Now. Subscribe here.
