Debt-Flicks: The Money Pit
Rep. Jose Serrano (D-NY) said the IRS needs more funding, yet acting IRS Commissioner Danny Werfel said the solution is “not more money.”
Debt-Flicks: The Producers
Summer is the season for big budget blockbuster movies. Accordingly, Bankrupting America will review some of the latest and greatest budget busters in our new series, Debtflix as anticipation builds to the event of the summer: the debt ceiling. Between 2010 and 2012, the IRS spent $50 million on 220 conferences and a number of cheesy movies. What better way to kick off the season with an IRS marathon featuring the “Cupid Shuffle”?
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
New CBO Report Warns U.S. Debt Set to Exceed Record High of 109 Percent of GDP in 14 Years
The nonpartisan Congressional Budget Office (CBO) today released a report warning that if current spending habits continue, U.S. public debt in relation to the economy will more than double in 25 years. Furthermore, in just 14 years it will exceed 109 percent of GDP…
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
Budget and economic news roundup
A roundup of this morning’s must-read budget and economic stories.
