October 3, 2011
Dear Friend of Liberty,
The U.S. government's fiscal year ended last Friday. (That was FY 2011.)
Republicans took over the U.S. House last November, and as a result, government spending finally dropped.
Whoops! I have that wrong. Government spending actually increased!
They haven't reported the final numbers yet, but FY 2010 spending was $3.456 trillion, and FY 2011 spending was most recently projected to come in at $3.597 trillion. That's a 4% increase.