As Trump works to reduce federal taxes, a new report from the Congressional Budget Office may provide one small way to make up the lost revenue.
According to the report, government workers, on average, make 17 percent more than private sector employees -- for the same work.
Why? The report doesn’t say, but the real reason is clear: the feds don’t have an incentive to control their spending. If they need more money to pay their workers a higher salary and give them more benefits, they can simply raise taxes and fees.
The result is that government employees are paid more than free market employees for the same work, and the American people foot the bill.
Hopefully the new President can begin address federal waste, but he can’t accomplish the task alone. Congress still doesn’t have much incentive to control spending, which is why the American people need to call a Article V Convention of States.
A Convention of States is triggered when 34 state legislatures pass resolutions calling for one. At the Convention, states can propose constitutional amendments that limit the power and jurisdiction of the federal government and force Congress to limit taxing and spending.
These amendments can include a balanced budget amendment along with amendments that cap taxation. Only via a complete package of fiscal amendments can we get our nation’s finances under control.