48%

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"This emphasizes the important point that 'government take is now 48%!
Data in the Survey of Current Business of the U. S. Department of Commerce
cutting through all the red tape and confusion about authorizations, out-
lays, trust funds and other minutia connected with government red tape
shows clearly that government spends 48% of the total earnings of everyone."

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AAPS testimony to House Ways & Means Committee Subcommittee on Health, 11-5-75

MAPS

"This chart shows that wild government spending has increased the public debt from $43 billion in 1940 to $596 billion in 1976. The Secretary of Treasury says the federal government will have to borrow $70 billion in this fiscal year, and may have to borrow $86 billion more in fiscal 1976. This will mean that the government can do only one thing: run the printing presses!"

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AAPS testimony to House Ways & Means Committee Subcommittee on Health, 11-5-75

$682

"This chart shows that the cumulative spending of HEW since 1954 is billion. This is $86 billion more than the total indebtedness of the United States. This means that HEW has spent $3,232 per person for every man, woman and child in the United States -- more than $12,000 for every family of four. The HEW cumulative-spending curve now stands almost vertical!"

AAPS testimony to House Ways & Means Committee Subcommittee on Health, 11-5-75

"This chart shows the enormity of HEW spending in relationship to spending for defense, interest on the debt, the space program, and other major departments; and that HEW spending is almost double the $64.6 billion annual rate of savings of all citizens reported in Oct. 1974. Obviously, HEW can continue its unbridled spending only through use of printing-press money."

11

AAPS testimony to House Ways & Means Committee Subcommittee on Health, 11-5-75

"This chart shows that HEW spending has gone from $23.2 billion in 1965

to $118 billion in 1976."

--AAPS testimony to House Ways & Means Committee Subcommittee on Health, 11-5-75