Bankrupting America : A project of Public Notice

This week, the Senate will debate the 2013 farm bill and the House will soon take up similar legislation. The farm bill encompasses farm commodity prices and income support programs, federal crop insurance and disaster assistance programs.

As lawmakers begin round two of their political grandstanding against cutting three cents on the dollar in federal spending, a new report shows that billions are still being wasted.

Many in Washington are pointing to the latest Congressional Budget Office (CBO) report to suggest the deficit problem is “pretty much solved” for the next 10 years. But did the CBO really say that? Not quite.

The Government Accountability Office this week released a report outlining how much the federal government could save if it eliminated duplicate programs.

The Hill reports the federal government has implemented very few of the recommendations the Government Accountability Office has offered as way to cut government spending and increase efficiency.

Politico and Reuters report the House Appropriations Committee has approved the lowest discretionary spending cut in a decade.

Reuters says the president wants the Senate to make cuts to its farm bill. The Associated Press and Politico look at the Senate’s overall deliberations on the bill.

On May 14, the Government Accountability Office (GAO) released its 2013 annual report on reducing overlap and duplication in government agencies. The yearly report identified 31 new areas where agencies could achieve higher cost savings and effectiveness.

After months of advocating for a “balanced approach” to our debt and deficits, it seems like the administration is pulling a 180 on the debt ceiling.