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  • wasteful spending

    Environmental Protection Agency: No Room for Sequestration Cuts?

    The Environmental Protection Agency (EPA) announced plans to furlough all of its employees and shut down for three days this year to absorb sequestration’s spending cuts. But the sequester cuts do not have to lead to shutdowns. The Heritage Foundation recently pointed out that prioritized cuts at the National Institutes … More

    India Stays on Path to Economic Failure

    Thursday was a really bad day for the Indian economy. Gross domestic product (GDP) growth for the October–December quarter came in at 4.5 percent, continuing to weaken. Worse, the central government budget for the next fiscal year leaves India on the same, failing course it’s been on of undisciplined spending … More

    Cutting Federal Waste: Not a Silver Bullet, but Still Important

    President Obama’s State of the Union Address tomorrow evening provides him with a chance to explain how he would put the country on a path to a balanced budget. He should talk about entitlement program reforms and meaningful discretionary spending cuts, but he should also target the low-hanging fruit of … More

    Morning Bell: ’Twas the Night Before Cliff-mas

    Christmas arrives this year at a time when our nation is on the brink of the fiscal cliff. With time running out for President Obama and Congress to reach an agreement, this Christmas Eve we bring to you 2012 twist on Clement Clarke Moore’s famous poem, “A Visit from St. … More

    VIDEO: Sen. Tom Coburn Discusses 'The Debt Bomb' at Bloggers Briefing

    Having spent nearly 30 years as a doctor in Oklahoma, Sen. Tom Coburn thinks like a physician even when he’s working in the nation’s capital. He identifies symptoms that manifest from a disease. And when it comes to our nation’s debt crisis, that disease is the political class in Washington. … More

    President Obama’s $1 Billion Earmark

    Sen. Tom Coburn (R-OK) likes to say that Congressional earmarking has become the gateway drug to federal overspending.  Is there any better evidence of this theory than President Barack Obama’s $1 billion earmark for a special project in Illinois that was slipped into his failed $862 billion stimulus?  According to … More

    Yes, Mr. President, You Can Cut Spending

    Today, White House Chief of Staff Rahm Emanuel and budget director Peter Orszag released a joint memo asking government agencies to create lists of ineffective programs with the intention of enacting future budget cuts of 5 percent. This initiative follows in the footsteps of proposed legislation that would give the … More

    Stimulus Fail: Green Your Home for $57,000

    A $5 billion stimulus program to weatherize homes is off to a shaky start. ABC News reports that at the end of 2009, only 9,100 have been weatherized to save energy through the American Reinvestment and Recovery Act.  $522 million of the $5 billion has been spent thus far, which … More

    Congressional Airlines Gets an Upgrade

    For some, the ongoing recession means tightening the belt on gratuitous spending. Congress clearly doesn’t share this sentiment. Curiously, they seem to believe now is the perfect time to upgrade their private jet fleet. At a measly $550 million taxpayer dollars, why not? After scolding “The Big Three” auto executives … More

    What Next? Taxpayers Buying Humor Edition (Updated)

    While America debates rising deficits, rising debt, and reckless spending bills, the mood in Washington is understandably sour. For the Americans fortunate to have jobs in this recession, there is still a sense of anxiety about what is around the economic corner. For their jobless friends and family, there is … More