Richard Pollack of the The Daily Caller News Foundation has something of a blockbuster news scoop out today. Here, documents obtained from the New York branch of the U.S. Federal Reserve by the U.S. House of Representatives’ Financial Services Committee would appear to confirm that the Fed was directed by U.S. Treasury Department officials…
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The ongoing ethical meltdown of the leadership at the U.S. Department of Veterans Affairs took a new, nasty turn for the worse on Friday, January 29, 2016, as Kimberly Graves, who was “demoted” along with fellow VA executive Diana Rubens after having been found to have abused their power by securing cushy new jobs…
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After 7 full years in office, President Barack H. Obama has added an amount equal to $70,612.91 per U.S. household to the U.S. national debt. CNSnews‘ Terence P. Jeffrey does the math to back that figure up: The debt of the federal government increased by $8,314,529,850,339.07 in President Barack Obama’s first seven years in…
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Earlier this week, we looked at whether tax cuts were responsible for reversing the downward trend in the U.S. government’s projected budget deficits over the next 10 years, at least as is being repeatedly suggested by the mainstream media in its reporting on just-released analysis by the Congressional Budget Office. We said no, which…
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If you paid attention to the news from Washington, DC today, you might think that the cause of deficit reduction took a big hit today because of a number of tax cuts that were made permanent. Here’s how NPR reported the story: Once Upon A Time, Congress Cut Deficits; Now CBO Says That’s Over…
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Imagine if you were a senior administrator at the troubled U.S. Department of Veterans Affairs. You’re well aware that your institution has developed an extremely large backlog of patients seeking medical treatment, where many former military service members wait for weeks and months before receiving any care, if they’re lucky enough to get any…
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The ongoing saga of Puerto Rico’s debt problems blew up a lot bigger last week, as the U.S. territory defaulted on an additional $174 million of debt payments to its creditors on January 4, 2016, exactly five months after Puerto Rico’s government defaulted on its debt for the first time ever since the territory…
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“We never took up our lives again. We’re like at a railroad station waiting for a train that never comes in.” Those words are spoken by the character Chris Keller in Act 1 of Arthur Miller‘s 1947 play All My Sons, where he is suggesting to his mother that rather than once again revisiting…
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One of the recurring themes we explore here at MyGovCost is that of government bureaucrats who behave badly. Today, we’re featuring the story of Internal Revenue Service employee Gina Colombo, who works at the IRS’ Taxpayer Assistance Center in Phoenix, Arizona and who is also the sole owner of Uncle Joe’s Auto Sales in…
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Throughout 2015, we’ve paid close attention to news stories highlighting the degree to which corruption has become institutionalized at the federal agency charged with providing lifetime medical care to the former members of the nation’s military services. The following links will get you up to speed with what can only be described as the…
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