B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
Radio: Morning Beat with Chad Adams
It’s been three years since the Senate passed a budget, but Obama is on the campaign trail in North Carlina. Gretchen Hamel, executive director of Public Notice, joins The Big Talker’s Morning Beat with Chad Adams…
More Evidence Congress Must Act Now To Sustain Social Security And Medicare For Future Generations
Today the trustees who oversee Social Security and Medicare released reports with timetables projecting when these programs will run out of funds. Public Notice executive director weighs in….
Clown And Mindreader Search for Jobs Outside of GSA Hearings
Today, Bankrupting America, a project of Public Notice, sent a clown and a mind reader over to the U.S. Senate to try an get jobs from GSA witnesses as they entered the GSA congressional hearings.
New Poll: Americans Increasingly More Concerned With Economic Opportunity Than Taxing the Rich
As millions of Americans finalize their income tax returns, Public Notice’s new poll finds that when it comes to tax increases on the wealthy, Americans are more concerned about Washington creating opportunities for the poor and middle class rather than focusing on the rich.
42nd Straight Month of Federal Budget Deficits: debt & deficit ought to be #1 concern
Today as the Treasury Department reported a $198 billion deficit for March, making it the 42nd straight month of federal deficits, President Obama pitched the so-called “Buffett Rule.” Gretchen Hamel, executive director of Public Notice, weighs in…
The Hill: GSA spending scandal proves needs for budget reform
The news that the General Services Administration (GSA) blew through $822,000 for an elaborate training conference at a Las Vegas luxury hotel shocked Washington this week, leading to the resignation of GSA Administrator Martha Johnson. Beltway budget watchers were justifiably outraged.
NYT: A Half-Measure, Like Obama’s Plan
There has never been a budget resolution that has been apolitical. Even when passed by Congress, these proposals are nonbinding, without the force of law. Instead, they simply spell out the priorities and agenda of a particular party or individual. This is true whether the Democratic Senate passes President Obama’s budget or the Republican House passes Paul Ryan’s budget resolution.
Federal Times: Postal Service problems a microcosm of entire government
The news that USPS lost $3.3 billion in the last quarter is only the tip of the iceberg. In fiscal 2011, the agency reported a loss of $5.1 billion; the year before that, it lost $8.6 billion. If the Postal Service were a private business, it would be facing bankruptcy — and in fact, there’s a real possibility USPS will be completely broke within the year.
Lifetime TV: Balancing Your Act And Your Budget
Lifetime Television’s The Balancing Act host, Kristy Villa, brings back the panel of three politically savvy blogettes for the latest segment focusing on balancing your budget and what Washington could learn from moms.
