The government made over $100 Billion in improper payments last year. But how much is that, really?
The CBO’s new report projects growing deficits and greater risk of fiscal crisis.
In its new report, the White House explains that more spending on health care is actually good for the economy, in order to convince states to take on Medicaid expansion.
The New York Times headline said it best: “Economy in First Quarter Was Worse Than Everybody Thought.”
On June 10, Investors Business Daily reported that excessive regulation is slowing the growth of the economy and the recovery. In the first quarter of 2014, the U.S. economy contracted for the first time since 2011.
Today is the anniversary of the Obama Administration’s “Recovery Summer,” which was sold to taxpayers as the dawn of explosive economic growth directed by government expertise and fueled by the White House’s “stimulus”.
On May 30, The Center For Automotive Research (CAR) released a report that found that car dealers spent $3.2 billion in 2012 to comply with federal regulations.
On Wednesday, The New York Times reported that while the Great Recession, which ran from late 2007 to the middle of 2009, might be over, a new era of slow growth may have replaced it.
A new study conducted by The American Action Forum (AAF) found that 36 regulations issued during the Obama Administration would increase consumer prices by more than $11,000.
Yesterday, the Bureau of Economic Analysis (BEA) released its second estimate of the GDP and found the economy contracted by 1 percent during the first quarter of 2014.