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.

With top IRS officials pleading ignorance (and the fifth) and given the evolving story from the White House, it’s worth asking: Is anyone going to take responsibility – or is this just big government in action?

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.

Bankrupting America, a project of Public Notice, today launched a Debt Ceiling Resource Center to provide facts and the latest news and developments as Congress debates increasing the nation’s debt ceiling this summer.