Capitol Hill Briefing

“John Stossel Goes to Washington”

August 24, 2007 12:00 PM to 1:30 PM EDT

B-354 Rayburn House Office Building

With comments by Stephen Slivinski, Director of Budget Studies, Cato Institute.

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John Stossel uncovers governmental waste, incompetence, and abuse of power. Stossel starts by taking a look at taxes and learns that “we Americans pay more in taxes than we do in food, clothing, and shelter combined.” So what does the government do with all this money? Stossel’s investigation finds that the government can’t even keep track of much of the money let alone spend it properly. And he finds that much of what government does do, it does poorly.