Budget & SpendingH

Budget & Spending Legislative Alerts

Waste, Fraud, and Abuse in Federal Spending

March 11, 2014 J

By Christine Harbin Hanson The federal government spent over $100 billion in taxpayer funds improperly in 2012— one element of that notorious “waste, fraud, and abuse” in federal spending that we hear so much about. Scholars at the Mercatus Center recently released a chart that shows the breakdown of these improper payments across federal programs. [...]

Watered Down Flood Insurance Bill Could Submerge Taxpayers in Red Ink

March 07, 2014 J

By Mac Zimmerman The U.S. House of Representatives did its best impression of J. Wellington Wimpy this week, voting to roll back long-overdue reforms to the deeply indebted National Flood Insurance Program (NFIP). Wimpy, the loafer from Popeye, is perhaps best known for his trademark promise: “I will gladly pay you Tuesday for a hamburger [...]

President’s Budget: Groundhog Day, Again

March 04, 2014 J

By Thomas Fletcher In an exercise that is beginning to look reminiscent of the Bill Murray classic Groundhog Day, President Obama released his fiscal year 2015 budget plan this week. Like each of the President’s five preceding budget blueprints, this year’s edition is short on meaningful reform — piling up deficits and adding to our [...]

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