Tag Archives: Government Spending

As Global Debt Soars, Where’s The Big Recovery?

Around the world, a surge in debt has fueled higher government spending. But that hasn't brought a lasting, sustained rebound in the economy. Adding $30 trillion in debt with no growth to show for it only demonstrates the bankruptcy of Keynesian tax-and-spend policies...

Fiscal Folly: A new study says governments around the world boosted their debts by more than 40% to over $100 trillion in response to the global financial crisis. Where's the promised recovery from all that spending?

From mid-2007 to last summer, the world added $30 trillion in government debt to its balance sheets, the Bank for International Settlements says. By comparison, that's twice the size of the $15 trillion U.S. economy.

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Cost of U.S. Delegation to Mandela Funeral? $19 Milion.

Documents recently released by the government show that the value of hotels and local transportation contracts for the U.S. delegation to Nelson Mandela's funeral in December were considerably higher than previous estimates.  On December 19, we first reported the cost at about $11 million. However, rather than two hotels and one vehicle contractor, additional contracts have been disclosed bringing the total to five hotels and two vehicle contractors...

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Here’s how big the left wants to grow government, exactly. And here’s how much it will cost, exactly

Love or hate Paul Ryan’s budget plans, at least they present a long-term vision for America and put a price tag on it. President Obama, on the other hand, likes to stick safely within the 10-year budget window. Based on his budgets, you would almost think the progressive project is pretty much complete other than raising the minimum wage, building some high-speed rail lines, and closing some tax loopholes...

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HHS Will Spend Up to $7B of Your Tax Dollars to Find Ways to Lower Obamacare Costs…

The Department of Health and Human Services revealed on Wednesday a plan to spend up to $7 billion to find ways to reduce spending under the Affordable Care Act while maintaining or improving the quality of health care.  The solicitation for bids for this wide-ranging project appeared today on the Federal Business Opportunities website...

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Outrageous: Obama Claims, ‘We’re Not Lavishly Spending on a Whole Bunch of Social Programs’

The U.S. Treasury Department records the following expenditures on a few of the many social safety-net programs for Fiscal 2013 and Fiscal 2012. In most cases, the amounts increased year-to-year:

--Medicaid: $265.392 billion ($250.534B in FY 2012)

--Food stamps (SNAP): $82.548 billion ($80.401B in FY 2012)

--Housing and Urban Development Department: $56.576 billion ($49.578B in FY 2012)

--Supplemental Security Income: $56.489 billion ($50.674B in FY 2012)

--Child Nutrition Programs: $19.325 billion ($18.309B in FY 2012)

--Temporary Assistance to Needy Families: $17.017 billion (16.136B in FY 2012)

--Women, Infant and Children (WIC): $6.557 billion ($6.837B in FY 2012)...

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