Only in Washington
25th July 2011
Fifty years ago, Congress passed legislation that allowed the public to give voluntary gifts to lower the federal debt. The government has set up a P.O. box and even an online site where citizens concerned about the debt can make contributions to pay it down. Every month, about 30 to 50 gifts come in, averaging less than $500, often accompanied by letters from citizens expressing their gratitude for our country and their desire to lift the burden of debt from the shoulders of future generations.
So what does Washington do with the money that citizens send in to reduce the debt? Turns out the federal government … spends it.
My, what a surprise. Aren’t you surprised? I’m sure surprised.
The next time Obama – or Bill Gates Sr., or Warren Buffet, or any other rich mouthfarter– complains that his taxes are too low, tell him ‘Write a check!’