I don't know either Bucco. I'm not good with economics and numbers. I know we have to stop wasteful spending. And I know a new Value Added Tax or any new or increased taxes is not the way to go.

While we rushed to file our taxes April 15, Congress still hasn't passed a budget. It is disgraceful. We American taxpayers are servicing a debt for the federal government that this year will amount to approximatley $188 billion in taxes we pay just for the interest.

I just discovered this new website. It is called Bankrupting America and is run by a new nonprofit The Public Notice.org. Founded by former Bush administration PR specialist Gretchen Hamel.

Hamel says that "...backroom deals, trillion-dollar deficits, pork-laden spending bills, and multibillion-dollar bailouts have left many Americans wondering if Washington can be trusted with their money... unprecedented government spending and debt, corporate welfare, higher taxes, and poorly designed bureaucratic red tape are undermining economic progress."

I don't know much about them yet, but this video and websites are really interesting and give some thoughtful and educational information.

http://www.bankruptingamerica.org/

http://www.thepublicnotice.org/2010/...ding-gone-mad/

http://www.bankruptingamerica.org/wp...ctSheet8.3.pdf

[ame]http://www.youtube.com/watch?v=x4ljZea6YSE&feature=player_embedded[/ame]