On July 31, the Taxpayer Protection Alliance (TPA) released a report detailing billions of dollars worth of lawmakers pet projects found in the 2015 House and Senate defense appropriations bills. In total, the group identified more than 240 earmarks worth almost $20 billion.
Yesterday, the U.S. Bureau of Economic Analysis (BEA) released its advanced estimate for GDP growth during the second quarter of 2014. The economy grew at four percent during the second quarter compared to a 2.1 percent decrease during the first quarter.
The Consumer Financial Protection Bureau, tasked with overseeing consumer protection, doesn’t seem to care too much about taxpayer protection.
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.
On June 26, The Washington Times reported the Bureau of Prisons purchased new X-ray systems to help combat the smuggling of contraband into prisons.
Yesterday, The Wall Street Journal reported that four officials had been suspended or removed from the U.S. Export-Import (Ex-Im) Bank recently after being accused of receiving gifts, or other incentives to move federal loans to preferred companies.
Yesterday, Senate leaders were unable to come together and agree on a “minibus” spending bill that aims to fund the government past September.
The appropriations process continues on this month with the Senate debating S. 2438, a “minibus package” that would fund the departments of Transportation and Housing and Urban Development (THUD), Commerce, Science, Justice (CCJS), and Agriculture.
On June 12, The Washington Post reported that the Department of Defense (DOD) spent more than $3 million on boats that were never used.
This week the House and Senate chambers are set to consider spending bills for fiscal year 2015 and to fund the government past September 30 this year.