The Congressional Budget Office (CBO) is reporting that each U.S. taxpayer will be responsible for about $50,000 in Obamacare costs over the next decade, if the Affordable Care Act (ACA) stands as it is. If you believe that big government health care is NOT in the best interests of responsible(…)
The Congressional Budget Office (www.CBO.gov) has projected that the annual deficits of the United States will continue to grow until they exceed our nation’s gross domestic product (GDP) in or by the year 2040. If you believe that our elected leaders should be focusing on LOWERING our annual deficits instead of spending(…)
Despite rising national debt levels President Obama has just proposed a $4 trillion budget that the GOP has called a “pipe dream.” Perhaps Senate Majority Leader Mitch McConnell said it best: “President Obama promised… ‘ideas that are practical, not partisan. Unfortunately, what we saw this morning was another top-down, backward-looking(…)
President Obama delivered the annual State of the Union address last week, and talked at length about how he plans to improve our economy in 2015. However, President Obama failed to mention 5 major shortcomings in the economy, which we’ve listed below. 1. Participation in the labor force is currently at(…)
The U.S. Department of Commerce’s recently released first quarter fiscal year 2015 deficit report. Below are a few of the takeaways from that publication: In the first three months of fiscal year 2015 the government has spent $916 billion. This is 9% higher than the amount spent during the first(…)
The Mercatus Center at George Washington University has tallied the volume of improper government payouts during fiscal year 2013. An “improper” payment is one that violated federal rules or guidelines in some way. This includes: fraud clerical errors failure to receive paperwork confirming the legitimacy of the expenditure failure to document(…)
The holiday season may be over, but the elected officials in Washington must have missed the memo. Here are the top 12 most wasteful items we found in the Heritage Federal Spending by the Numbers report. 12. Employees of the Environmental Protection Agency (EPA) use government-issued (and taxpayer-funded) credit cards to buy(…)
Possibly the most overlooked fact about our government is also the most obvious fact: all government agencies need to find ways to spend the huge amounts of money they are given. If they don’t spend it all, then they receive less money the next year. That serves to lower their(…)
The much-discussed “myRA” retirement plan, established by President Obama last year, has received a new website from the US Treasury. The myRA plan is unquestionably one of the administrative moves that the present administration has taken in recent years that have raised worries from many investors. Why? Many people who(…)
America and her citizens have stepped up time and time again to face problems head on, and 2014 was no exception. What do most Americans believe are our country’s biggest problems? While terrorism, healthcare and immigration are undoubtedly at the front of many Americans’ minds, a recent poll showed that(…)
