Posts Tagged ‘federal budget’


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Spying Out EPA Waste, Fraud and Abuse


Friday March 17th, 2017   •   Posted by K. Lloyd Billingsley at 9:29am PDT   •   0 Comments

President Trump wants to cut the budget of the federal Environmental Protection Agency by 31 percent, from $8.2 billion to about $5.7 billion, a reduction of $2.6 billion and more than 3,000 positions. The proposed cuts have drawn attacks from politicians, the old-line establishment media, and regulatory zealots. For their part, taxpayers might keep…
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Getting Skinny


Thursday March 16th, 2017   •   Posted by Craig Eyermann at 6:37am PDT   •   1 Comment

Before he became president, Donald Trump perhaps made his biggest impression on Americans in his role on the reality TV game show The Apprentice. Today, with the release of the president’s so-called “skinny” budget, he looks to be in the starring role for a government-version of The Biggest Loser. Reuters reports on President Trump’s…
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President Trump on the Budget and the Debt


Monday February 27th, 2017   •   Posted by Craig Eyermann at 4:12pm PST   •   0 Comments

Last week, on February 22, 2017, President Trump spoke to the press for the first time about the budget and the national debt while attending an informal federal budget meeting at the White House. Here are some quick quotes that stood out during his introductory remarks, first off, covering his impression of the overall…
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GovGives.Con


Monday April 1st, 2013   •   Posted by K. Lloyd Billingsley at 9:19am PDT   •   1 Comment

The federal government gave $17.9 million to economically struggling rural timber counties in the west for conservation projects, schools, roads, rescue operations and such. Now the federal government wants the money back. A letter of protest signed by more than 30 House members, including Democrats, said: “For the administration to announce three months after…
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How Would You Cut Defense Spending?


Thursday January 5th, 2012   •   Posted by Emily Skarbek at 7:16am PST   •   4 Comments

The New York Times has a useful infographic outlining proposals for how to trim the defense budget. The Pentagon has committed to cutting $450 billion in spending over the next 10 years—only a small slice of the tremendous increase in war and defense spending we have seen in the previous 10 years. The graph…
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3 Reasons Why the Debt-Ceiling Debate Is Full of Malarkey


Friday July 15th, 2011   •   Posted by Emily Skarbek at 11:59am PDT   •   5 Comments

Congressional Budget Office Predicts Federal Debt Is Getting Far Worse


Wednesday June 22nd, 2011   •   Posted by David Theroux at 10:19pm PDT   •   0 Comments

In “CBO Releases Daunting Long-Term Outlook,” Tim Fernholz at the National Journal reports that: Increasing federal debt will be a growing burden on government action, crowding out lawmakers’ ability to adopt tax and spending priorities in good times and reducing flexibility during recessions, all while making a fiscal crisis more likely and hindering long-term…
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Grasping and Gasping at the Federal Budget’s Trillions and Trillions


Saturday April 16th, 2011   •   Posted by David Theroux at 3:10pm PDT   •   1 Comment

In a new article in the Philadelphia Inquirer, “Grasping budget’s billions and trillions: Incomprehensibly huge numbers mask real burdens,” Independent Institute Research Fellow Emily Skarbek (Director of the Government Cost Calculator) discusses the meaning and absurdity of the $3.8 trillion federal budget and the meaningless reforms being proposed. Taxpayers might have strong feelings about…
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The Congressional Circus Over Federal “Cuts” Is Squabbling Over Nothing


Wednesday April 6th, 2011   •   Posted by David Theroux at 6:08pm PDT   •   1 Comment

In a new article, “How Can Anyone Take This Seriously?”, Independent Institute Research Editor Anthony Gregory slams the absurd squabbling in Congress over 2% of the federal deficit while the U.S.’s gigantic spending and debt crisis plunges onward. The U.S. is running deficits somewhere between one and one and a half trillion dollars, and…
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Dark Deficit Outlook: MyGovCost’s Emily Skarbek Offers Solutions


Thursday January 27th, 2011   •   Posted by Lindsay Boyd at 4:29pm PST   •   2 Comments

The latest economic forecasts are now projecting that the federal budget deficit will reach a record of nearly $1.5 trillion in 2011. As the Wall Street Journal reports, this “grim outlook landed a day after President Barack Obama outlined plans to push for new spending that he said would help keep the U.S. globally…
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