Saw this today and I had to comment, but I'm not registering on that site, because generally their neo-con ranting just doesn't appeal to me.

http://www.redstate.com/stories/congress/the_mother_of_all_tax_fights

The author lists that ....

The Department of Treasury internally had over $24.5 billion "unreconciled transactions" in one year alone – these are transactions for which auditors cannot account. The bureaucrats spent $25 billion somewhere on something; they don't know who spent it, where it was spent, or what it was spent on.

That's roughly $80 per citizen assuming 300 million people. What's really funny is that though the author asserts that spending should be reduced instead of raising taxes. He/She neglects to mention that the portion of our tax dollars that go to military spending/ and entitlements is far more significant than the amount of "unreconciled transactions".

According to this article.

The military. Including estimates for the wars in Iraq and Afghanistan, we will spend $527 billion on military expenses this year. In fact, the U.S. spends as much money on its military as all other nations combined.

roughly $1800 per citizen. $5400 for me, a family of 3. The bulk of the rest goes to under funded entitlement programs like Social Security, and Medicare and Interest on the national debt. Keep this in mind when next you see the footage of Patriot Missiles on Fox news being launched at Iran. I've heard those are 10 million a piece.

And let us not forget that congress just authorized a huge

in spending, the fed reserve released freshly printed billions into the money supply to bail out securities backed by sub prime mortgages(which reduces the value of the dollar, which causes the bad kind of inflation).

You will notice in all these debates, none of the top tier even talks about this. The USA is on a fast course towards insolvency and everyone in the world knows it.

Don't believe me? Will you believe the USA's accountant?

Bottom Line: whichever politician you choose to support, consider what they are promising and ask them how they plan to pay for it. And vote accordingly. How are we supposed to believe that we can honestly have universal health care, and wars all over the world when we can't even finance what is already owed?