Posts Tagged ‘government waste’

GAO’s Latest Spending Report Identifies Duplicate Programs


Tuesday March 1st, 2011   •   Posted by Lindsay Boyd at 2:01pm PST   •   1 Comment

The General Accountability Office (GAO) released a new report early Tuesday morning, identifying billions of dollars currently being spent on “duplicate federal programs”.  How does this happen? It’s simple, really. When a bureaucratic body fails to be efficient and accomplish the objectives of it’s charter, our enlightened, pork-loving representatives in Washington simply finance a…
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And Now a Bailout for the U.S. Postal Service?


Monday December 27th, 2010   •   Posted by David Theroux at 6:16pm PST   •   0 Comments

Angela Greiling Keane reports in a recent article at Bloomberg Businessweek, “A Bailout for the U.S. Postal Service?”, that the U.S. Postal Service’s costs “will exceed revenue by $2.7 billion, even after borrowing $3 billion from the U.S. Treasury, the annual legal limit. Total debt, now $12 billion, by law can’t exceed $15 billion….
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Public Broadcasting Subsidy: Unnecessary and Irrational


Sunday December 19th, 2010   •   Posted by William Shughart at 12:46am PST   •   8 Comments

According to a Poll Position survey conducted in late October, 45 percent of Americans said “No” when asked whether the U.S. government should stop helping to fund NPR; 39 percent said “Yes.” Only those respondents identifying themselves as Republicans favored, by a 54 percent to 28 percent margin, ending taxpayer support for NPR. Given…
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Now, What About Those Gold-Plated Benefits?


Monday November 29th, 2010   •   Posted by Craig Eyermann at 2:41pm PST   •   4 Comments

Today, President Obama announced that his administration would freeze the pay of federal employees at their current level for two years.  Well, that’s a start, if the following chart from Political Calculations showing the relative pay and benefits of federal workers with respect to the average income earner in the private sector is any…
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Video Visualizes Obama’s Proposed $100 Million in Budget Savings


Tuesday November 23rd, 2010   •   Posted by David Theroux at 9:13pm PST   •   3 Comments

In response to growing public opposition to the gigantic spending by the federal government, President Barack Obama in 2009 called on his Cabinet to identify a combined $100 million dollars in budget cuts compared to the $3.5 trillion federal budget as a whole (not including the $787 “stimulus package” or the $83 billion in…
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A Value Added Tax Will Not Reduce the Deficit!


Thursday November 18th, 2010   •   Posted by Randall Holcombe at 9:41pm PST   •   0 Comments

Politicians have been advocating a value added tax (VAT) for decades, and with the huge projected federal deficits interest in a VAT seems to be increasing lately. Last Spring Paul Volker was suggesting one, and David Theroux recently noted in his blog Paul Krugman’s support. Alice Rivlin and Pete Domenici suggest a 6.5% “debt…
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OneNewsNow.com Recommends the Government Cost Calculator


Thursday November 11th, 2010   •   Posted by David Theroux at 6:35pm PST   •   0 Comments

In an article at OneNewsNow.com, “I’m going to pay how much in taxes?”, Chris Woodward has recommended the Government Cost Calculator at MyGovCost.org: What is Washington’s spending costing you? A new website aims to answer that question. The website MyGovCost.org is an online calculator where taxpayers can learn what they will pay in taxes…
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The Government Cost Calculator Is Recommended at OpenMarket.org


Thursday November 11th, 2010   •   Posted by David Theroux at 3:19pm PST   •   0 Comments

The Government Cost Calculator has been recommended by Lee Doren at OpenMarket.org in “How Much Does Government Spending Cost.” With never-ending increases in government spending, citizens are often curious how much government actually costs them. In response to this question, The Independent Institute has launched MyGovCost.org, that features the personal government cost calculator to…
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Federal Government Shells Out $1 Billion to 250,000 Dead People


Sunday November 7th, 2010   •   Posted by David Theroux at 12:31pm PST   •   2 Comments

As reported by the Washington Times, the federal government has paid out well over $1 billion to 250,000 deceased individuals over the past decade—and can’t figure out how to fix the problem, according to a new report from Senator Tom Coburn, M.D. “Washington paid for dead people’s prescriptions and wheelchairs, subsidized their farms, helped…
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U.S. Government to Spend $200 Million per Day for Obama Trip with 3,000 People in India


Wednesday November 3rd, 2010   •   Posted by David Theroux at 6:19am PDT   •   11 Comments

One day after the massive electoral rebellion across the U.S. against the mega-spending policies of Washington, President Barack Obama embarks on a ten-day trip to Asia with 3,000 people at a cost of $200 million per day alone in Mumbai, India: “The huge amount of around $200 million would be spent on security, stay…
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