Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just days left for President Obama and lawmakers in Congress to avert a major tax hike, sequestration, and other major policy changes, today we bring you …
On this Halloween, ghastly, ghoulish garb and haunted houses aren’t the only sources of spookiness in Washington. Americans across the country have cause for alarm, because the federal government spent a spine-chilling $29,691 per household in 2012. As The Heritage Foundation’s “Federal Spending by the Numbers—2012” shows, federal spending per …
Several key questions still remain to be asked of President Obama and Governor Mitt Romney during tonight’s debate. Among them: What would each of them do to reduce the growing burden of federal spending on American households? In 2012, the federal government spent $29,700 per American household. Of that amount, …
Exotic dancers, robotic squirrels, and a reality TV show in India—your tax dollars supported all of these this year. Two reports just released—“Federal Spending by the Numbers 2012” by The Heritage Foundation and “Waste Book 2012,” a report by the office of Senator Tom Coburn (R–OK)—shed light on these and …
Tonight’s presidential debate is the last one that will include questions on domestic policy. The previous presidential and vice presidential debates covered a host of issues, but there are key questions still to be answered. Heritage experts submitted five issues below—with questions—that it is important to discuss before the debate …
Late-night comedian Conan O’Brien’s blog has a new post parodying Washington’s excessive spending. “Team Coco has found out why our government is so broke,” the blog explains, “They’ve been spending all our hard earned tax dollars on some pretty ridiculous programs.” The post contains a list of humorous fake programs and encourages …
Did you know that the federal government spent $2.6 million training Chinese prostitutes to drink more responsibly? Were you aware that Washington is on track to spend $30,543 per household in 2010? What about a recent audit that classified nearly half of all purchases on government credit cards as improper, fraudulent, or …
This morning White House Chief of Staff Rahm Emanuel and budget director Peter Orszag will release a memo directing all federal agency heads “to develop plans” to cut at least 5 percent from their budgets by “identifying programs that do little to advance their missions or President Obama’s agenda.” This …
