Today, the Government Accountability Office (GAO) released a report stating that the rollout of state insurance exchanges for individuals might be delayed. The Centers for Medicare & Medicaid Services (CMS) planned to have 34 states operating federal facilitated exchanges (FFE’s) by October 1, 2013, however several officials have been skeptical.
When individuals are faced with budget cuts, they cut back on unnecessary spending. The IRS, on the other hand, doesn’t seem follow that logic. The AP is reporting that the IRS will be paying out $70 million in union bonuses.
The U.S. Senate has passed, and the U.S. House is currently considering, a five-year reauthorization to the farm bill. Included in the farm bill is funding for food stamps. What is this program? How much does it cost and what changes is Congress considering making to it?
According to The Associated Press, the Government Accountability Office says implementation of the health care law may not go so smoothly.
Not even superpowers can prepare you for the magnitude of some of our fiscal problems. Check out how some of our most fearless superheroes reacted to Washington’s budgetary bunglings: