Federal deficit

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    Social Security problems detailed

    Elizabeth Harrington of the Washington Free Beacon highlights troubling news about money flowing out of the Social Security Administration. The Social Security Administration issued nearly $200 million in improper payments by paying people twice for their benefits. The inspector general for the agency found that individuals with more…
    Mitch Kokai, July 21, 2017
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    Debt ceiling debate back in the news

    Susan Ferrechio of the Washington Examiner reports on the return of the federal debt ceiling as a federal spending issue. The Trump administration has asked Congress to raise the federal debt ceiling before lawmakers leave for their August break. But that deadline could be difficult for Republicans who…
    Mitch Kokai, June 27, 2017
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    Your tax dollars at work: Video game edition

    Elizabeth Harrington of the Washington Free Beacon highlights another questionable use of your federal tax dollars. The National Science Foundation is spending nearly $800,000 on a video game where middle school students can pretend they have a STEM career. The Language Express Inc., a software design company in…
    Mitch Kokai, June 20, 2017
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    Using longstanding legislative maneuver to limit federal spending

    Kevin Williamson of National Review Online explains how Congress could use the legislative maneuver known as reconciliation to limit federal government spending. There is at the moment a movement afoot among congressional Republicans to use reconciliation in the way it is supposed to be used. Passing a budget…
    Mitch Kokai, June 6, 2017
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    Your tax dollars at work: Social Security conference edition

    Elizabeth Harrington of the Washington Free Beacon details an interesting use of funds for the people who oversee Social Security. The Social Security Administration billed taxpayers $32 million for work conferences, according to a new audit. The inspector general for the agency reported that just over 300 conferences…
    Mitch Kokai, June 1, 2017
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    Balanced budget? Don’t bank on it, says Barron’s ‘Economic Beat’ columnist

    It’s great to see a president focus on balancing the federal budget. But Gene Epstein of Barron’s pours some cold water on President Trump’s plan for accomplishing that goal. … President Donald Trump’s 10-year plan offers a rickety foundation for achieving American greatness. It includes some good proposals…
    Mitch Kokai, May 29, 2017
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    Barron’s editorial page editor isn’t holding his breath for action on Trump budget

    The headline for Thomas Donlan‘s latest Barron’s editorial commentary labels President Trump’s budget plan dead on arrival. The thing to understand about the federal budget is that every line on every page has been fought over for years or decades, like battlefields on the Western Front in World…
    Mitch Kokai, May 29, 2017
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    Trump’s budget starts important conversation

    Michael Tanner argues at National Review Online that President Trump’s budget proposal offers a good starting point. [E]ven if Trump’s budget is not going to become law, it offers an important opportunity to reshape the fiscal landscape. Let’s start by giving credit where credit is due: Trump’s proposal…
    Mitch Kokai, May 25, 2017