Back in December, fiscal transparency organization Open the Books published a massive study of federal government spending which contains a wealth of information and some very disturbing statistics.
Adam Andrzejewski, CEO and Founder of the organization, highlighted some of their key findings in an important Forbes article.
Key excerpts are republished below:
Today’s federal bureaucrats are paid $1.1 million a minute, $66 million an hour, and over $524 million a day – and that’s just the cash compensation cost. Taxpayers also pay for lucrative perks like weeks of paid time-off, performance bonuses and padded retirement pensions.
Using our interactive mapping tool, quickly review the 2 million federal employee salaries and bonuses by ZIP code across America. Just click a pin and scroll down to see the results rendered in the chart beneath the map. See your local piece of the swamp: how much are the federal employees in your backyard earning? Which agency employs them, and what is their job title?
Here are a few of our key findings: