Bankrupting America : A project of Public Notice

Michael Turk at Kung Fu Quip smashes Kristen Powers’ argument that government has not grown under Obama with an excellent breakdown of the expansion in government spending over the past century in four concise charts.

What would happen if four federal agencies closed their doors on the Friday before Memorial Day weekend? We’re about to find out. While the administration consistently warned of dire consequences, some officials are having doubts about whether anyone will actually notice. But regardless of the impact today, there’s no doubt about the billions of dollars in waste, duplication and inefficiency that could be cut in a smart way.

Yesterday, the Senate voted on an amendment to the farm bill that would reduce the amount of money paid to wealthy farmers.

Politico and The Washington Post report that four agencies will be virtually closed today because of sequester-related furloughs.

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.