Spending Spotlight and Senator Coburn's Wastebook give credence to the fact that if activists do not hold officials accountable, government will continue to spend and tax with reckless abandon.
Spending Spotlight Highlights
The high cost of higher education is no secret. Tuition costs have continued to skyrocket leaving young people with a college degree, mountains of student loan debt, and few job prospects. Taxpayers are feeling the hit too – the Congressional Budget Office estimates that with fair value accounting, the student loan program will cost about $95 billion over the next ten years. However, these problems are not only occurring from traditional universities, but also at vocational, skill-based institutions. Across the board, schools are milking billions from federal taxpayers. At a chain of cosmetology schools in New Jersey, a one-year certification has come to cost as much or more as a year of tuition at a traditional four-year college.
Cronyism exists throughout government. It harms healthy free-market competition and harms hardworking families. Federal government officials frequently dole out your tax dollars to well-connected friends and political allies in the form of grants, loans, subsidies, and more.