Wednesday, February 24, 2010

Putting Deficits in Context

As an indication of how substantial government deficits are at every level of government, consider this sobering Illinois stat:
The head count of state workers is 20 percent smaller than it was a decade ago. If the state payroll was magically purged of every single employee, the annual salary savings would amount to $4 billion, less than one-third of what is needed right now to dig out of the deficit hole.
HT Instapundit

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