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Budget & Spending Legislative Alerts
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. [...]
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 [...]
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 [...]
CBO reported yesterday that despite President Obama's five year old $787 billion stimulus, the economic recovery has been slow - and worse than the previous four recoveries.
President Obama's call for a $302 billion transportation bill will shift focus away from repairing roads and bridges, will harm, not help our economy, and will not fix the transportation department's system flaw of misguided and excessive spending.