Tomorrow is the Fourth of July and while everyone is celebrating with hotdogs, fireworks and beer, the federal government is continuing to irresponsibly spend your taxpayer dollars.
We break down how the year-to-date deficit compares to Washington’s agency spending for an entire year.
On Sunday, millions of Americans will spend the day showing appreciation for what their mothers have done (to the tune of an expected $19.9 billion this year).
Sunday marks the official beginning to March Madness. But why talk about basketball when there are much more interesting subject matters at hand? The national debt is sky-rocketing, healthcare premiums keep rising, and Leo still didn’t win an Oscar. March Madness has officially turned into March Sadness. Here are the things that made us sad this week.
Today’s Spending Daily will take a look at a recent White House decision to restore the $10 billion in sequester cuts intended for Obamacare’s cost-sharing subsidies.
As a senator, President Obama said President Bush’s adding $4 trillion to the debt was “irresponsible” and “unpatriotic.” But under his new proposed budget, President Obama will have had the eight highest deficits of all time.
When it comes to U.S. policy lately, we seem to be taking some pointers from none other than the President of the Russian Federation, Vladimir Putin himself.
This morning the Congressional Budget Office (CBO) released its updated budget outlook for fiscal years 2014-2024. This report includes new projections on the country’s deficits as well as updated estimates of the effects of the president’s new healthcare law.
Happy new year! To start off 2014 we thought we’d break down the amount added to the national debt in 2013. Warning: looking at these numbers may make your new year a little less happy.
The U.S. Treasury Department announced yesterday the federal government ran a $135. 2 billion deficit during the month of November. We take a look at this number, and what else is buried in the Treasury Department’s monthly statement of U.S. finances, in today’s “Breaking It Down.”