Public Law 112-95 - The FAA Reauthorization and Reform Act of 2011
This bill should really be called "The Bleed The Taxpayer Dry Act of 2011", inasmuch as it has authorized funding for the FAA of approximately $3.35Bper year for the period 2011-2014. The costs for this one government project are $100.69 per person (and increases their $49,752.84 share of the national debt to $49,853.53[source: Congressional Budget Office] ). Just what we don't need - another $13B+ of debt.
According to WashingtonWatch.com, this "law" - as is true with most legislation - was basically sold to the highest bidder! In the House, whichever side provided the greatest monetary incentive - Yea or Nay - got the nod (with a handful of exceptions who apparently voted for the people). All of Utah's representatives voted for H.R. 658 - now PL 112-95 - and in the Senate, Orrin Hatch chose not to vote at all.
Have our lawmakers not heard that we are not only BROKE, as a nation, we are in debt (primarily to China) to the tune of $15.6 TRILLION DOLLARS! Since September 27th, 2007, our national debt has increased at the rate of $4.02B per day! And there is no end in sight!! Has everybody in Washington D.C. gone totally INSANE? How will we ever pay off such indebtedness? Increase taxes levied upon the citizens, of course. Perhaps not directly as "taxes" per se, but by insinuating "fees" and "charges" into everyday activities. An example is the 1% transaction "fee" on each and every banking transaction, as proposed by the Obama administration. Make a deposit - personally or by Direct Deposit - of $1,000 and your account is debited $10 for the privilege of making that deposit. Write a check for $500 and your account will reflect a $5 "fee" for that transaction... a business transaction in which the government itself has no investment of time, labor or money! What is the difference between this activity and "protection money" paid by small business owners to street thugs? Such a governmental action is nothing more than legalized (by imperial fiat) extortion of the taxpayers!
Can we stop this financial bloodletting by our elected representatives? Maybe... but ONLY if we let them know that we are onto them, and that we will do everything we can to insure they are not re-elected if they continue along this path.
As I said in my opening paragraph, this is only ONE of the hundreds of pieces of cost-ignorant legislation passed by Congress each year. If we allow it to continue, perhaps we are as stupid and indifferent as they seem to think we are. If so, we deserve whatever they choose do to us!