CBO: Federal debt to double in 15 years Federal debt will double by the middle of the next decade and reach more than twice the size of the entire U.S. economy by 2037 unless Congress changes course on taxes and spending, the Congressional Budget Office said in its latest analysis.
Top GSA official tried to hide report on Vegas bash A top administrator at the General Services Administration who worked on President Obama's presidential transition team sought to keep secret the agency report that uncovered massive waste at a lavish taxpayer-funded GSA conference in Las Vegas, records show.
Senator Tom Coburn on the "Debt Bomb" That We All Will Face Coburn: "The reason I'm known as 'Dr. No' is because I actually believe in the Constitution. I believe in the enumerated powers in Article I, Section 8. I believe the Constitution was filled with nos for us in Washington and yesses for everybody else in America."
Feds Propose New Rules to Fight Foodstamp Fraud Food stamp recipients are ripping off the government for millions of dollars by illegally selling their benefit cards for cash -- sometimes even in the open, on eBay or Craigslist -- and then asking the government for replacement cards.
Solar Company Admits Using Your Tax Dollars to Create Jobs Overseas The chairman of First Solar, speaking to a House subcommittee on Wednesday, admitted that his taxpayer-backed company has created more jobs overseas than it has within the United States. Read more: http://dailycaller.com/2012/05/16/first-solars-3-1-billion-in-doe-loan-guarantees-created-mostly-overseas-jobs-video/#ixzz1v3W5HDgg
HHS Sends $5.9 Million to Program Run by Obama Buddy The Department of Health and Human Services last week announced it had awarded a $5.9 million grant to a University of Chicago Medical Center program tied to Michelle Obama and run by Eric Whitaker, one of President Obama's closest friends.
Is TSA Wasting Millions of Your Tax Dollars? A new congressional report accuses the Transportation Security Administration of mismanaging its acquisition and management of airport screening equipment by storing millions of dollars in high-tech gear in a Texas warehouse instead of deploying it to airports
AP Exclusive: Waste watchdog got no-bid contract Gov. Rick Scott's chief of staff helped steer a no-bid consulting contract worth $360,000 to a friend who now leads a task force rooting out state government waste. Steve MacNamara was still working for the Florida Senate when he recommended Sarasota business consultant Abraham Uccello for the contract to streamline the Legislature's computer systems.