Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts
Congress Pisses Down Our Backs And Tells Us It's Raining
by Daniel J. Mitchell. Another budget deal good for Washington and bad for America. Advocates of smaller government are justifiably upset by the pork-filled spending bill enacted in December. With goodies for countless special interests, it was more "ominous" than "omnibus." But that wasn't the biggest fiscal hit Congress inflicted on America in ... MORE
Labels:
budget,
bureaucracy,
debt,
economics,
government,
politics,
pork,
special interest,
spending
More Defense Dollars Don't Guarantee A Better Military
by Daniel L. Davis. Everyone agrees that federal spending is out of control, yet there’s little appetite to go after bloated Pentagon budgets. Americans from the left, right, and center all too often give the military a pass because they grudgingly believe current levels of defense spending are necessary for national security. But is there such a thing as ... MORE
Labels:
combat,
defense,
government,
military,
politics,
protection,
security,
spending,
waste,
weapons
U.S. Backed Troops Fighting With Each Other In Syria
by Mike Giglio. Obama administration nitwittery on display. American proxies are now at war with each other in Syria. Officials with Syrian rebel battalions that receive covert backing from one arm of the U.S. government told BuzzFeed News that they recently began fighting rival rebels supported by another arm of the U.S. government. The ... MORE
Andrew Napolitano: What If There Is No Difference?
What are the lovers of liberty to do? What if all the remaining presidential candidates really want the
same things? What if they all offer essentially the same ideas couched
in different words? What if these primary races have become beauty
pageants largely based on personality and advertising? What if our system of governance is so deep ... MORE
Robert Gore: How To Defeat Your Government
This outcome does not require a plan. In a recent article, “How to Defeat Your Enemies,”
SLL maintained that governments and their people were natural enemies,
and that the most powerful adversarial tactic is “getting one’s enemies
to fool themselves.” The article detailed the effective use of this
tactic by Osama bin Laden and al Qaeda. ... MORE
Steven Greenhut: California's Deep Debt Problems
The bureaucratic pension burden. For those who wonder about the practical importance of transparency, I
offer as evidence the latest result of a modest rule change in
California from a mind-numbingly named organization—the Governmental Accounting Standards Board,
or GASB (pronounced Gaz-bee). The group's stated goal is to promote ... MORE
Labels:
budget,
bureaucracy,
California,
debt,
politics,
spending,
transparency,
unfunded liabilities
The Decline Of America's Economic Freedom Under Obama
by Anthony B. Kim. Millions of people around the world are emerging from poverty thanks to rising economic freedom. But by sharp contrast, America’s economic freedom has been on a declining path over the past decade. According to the 2016 Index of Economic Freedom,
an annual publication by The Heritage Foundation, America’s economic ... MORE
Labels:
bailout,
capitalism,
crony capitalism,
debt,
economics,
government,
regulation,
spending,
tax
Pete Kasperowicz: National Debt Hits $19 Trillion
Only Rand Paul would halt the spending. The national debt hit $19 trillion for the first time ever on Friday, and came in at $19.012 trillion. It took a little more than 13 months for the debt to climb by $1 trillion. The national debt hit $18 trillion on Dec. 15, 2014. That's a slightly stepped-up pace compared to the last few $1 trillion mileposts. ... MORE
The Congressional Budget Office Foresees A $30 Trillion Debt As A Result Of Looming Tax Hikes And Obamacare
by Stephen Dinan. The federal government will be flirting with $30 trillion in debt within a decade, the Congressional Budget Office
reported Monday, blaming an aging population, new spending and tax cuts
approved on Capitol Hill, and the growing burden from Obamacare for
erasing the progress Washington had made over the past few years. ... MORE
Labels:
CBO,
debt,
economics,
federal,
government,
ObamaCare,
spending,
tax rates,
unfunded liabilities
Veronique de Rugy: The Government Wasted Tons Of Money On 'Shrimp Fight Club' And A Million Other Things
Waste, fraud, abuse, and monkeys on hamster wheels. In honor of the release of the new Star Wars movie, Sen. Jeff Flake
(R-Arizona), subtitled this year's "Wastebook" as "The Farce Awakens."
The latest edition of this annual report details 100 spending
programs—totaling $108.5 million—that are a complete waste of your
money. ... MORE
Labels:
accountability,
CBO,
entitlements,
government,
nitwittery,
programs,
research,
spending,
waste
Peter Suderman: Democrats And Republicans Team Up To Bust The Budget With A $1.8 Trillion Spending Package
Politicians indulge themselves at taxpayer expense. One way to understand the massive federal spending package is as a compromise between Republicans and Democrats to ignore the deficit. The deal is made of two different elements—a 2,009-page omnibus that folds in 12 appropriations bills and calls for $1.1 trillion in spending, ... MORE
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