The federal budget is reaching benchmarks of astronomical proportions. Hold your applause, though; the budget trends are increasingly headed in the wrong direction. Yesterday, the Congressional Budget Office (CBO) reported that the deficit for fiscal year 2012 has surpassed the $1 trillion mark, and it anticipates the Treasury Department will …
In July, the Government Accountability Office (GAO) issued a report showing that, as many Americans suspect, there are places where government safety net programs are abused and ripe for reform. GAO focuses on two programs, unemployment insurance (UI) and disability insurance (DI), and the “double dippers” who collect payments from …
Yesterday, the U.S. national debt passed $16 trillion. On President Barack Obama’s watch, the debt has increased by 50 percent, as campaign promise after campaign promise has drowned in a sea of federal spending. When he was running for President, Obama condemned George W. Bush for adding $4 trillion to …
Entering the final stretch of the presidential contest, Americans are facing a monumental choice. The American people will decide the direction of government and its role in their lives for the coming years. The debate in Tampa this week raised a number of issues, including preserving the American dream of …
The stopgap spending agreement reached by House and Senate leaders may be the only way Congress will escape a post-election “lame duck” showdown over funding government agencies. It also presumably helps clear the agenda so Congress can focus on Taxmageddon and the scheduled defense-devastating sequestration—two other major fiscal problems lawmakers …
Understanding what Washington is up to is as simple as one-two-three: 1. Unacceptable Choices Under President Obama’s leadership, Americans have been presented two unacceptable choices. For Washington to continue to pay its bills under the limitations of the Budget Control Act of 2011 (BCA), which the President signed into law, …
House conservatives gather this morning to take your questions about taxes, sequestration and a range of other issues facing Congress in the coming weeks and months. It’s your opportunity to be heard on Capitol Hill. Submit a question in the comments below. Conversations with Conservatives runs from 11:30 a.m. to …
