The WasteWatcher: The Staff Blog of Citizens Against Government Waste

Bailouts

Adiós, Puerto Rico – A Story of Shameless Waste and Inefficiency

Plagued by significant population decline, relocation of businesses, and a crushing debt nearing $72 billion, Puerto Rico is in a fiscal crisis.  With a $2 billion de

Clarity on Costs Essential To Postal Reform

USPS is posting one thing very well; losses.

Another Bailout

While the focus of the press and Washington has been on passing a continuing resolution and a government shutdown, the White House pulled the usual Washington D.C. public affairs stunt when you don’t wont bad or controversial news to be discussed broadly. It releases the news on a Friday afternoon.

On the Hook for More Bailouts

On July 9, 2013, the Financial Stability Oversight Council voted to categorize American International Group (AIG) and GE Capital as systemically important according to a Washington Post article on the same day.  The designations were provided for by the Dodd-Frank Wall Street Reform and Consumer Protection Act after the financial crisis of 20

Risky Federal Home Loans: What Could Go Wrong?

On Tuesday, the Washington Post published a story on the Obama administration's latest efforts to get banks to offer home loans to people with riskier credit.

Dire Straits – USPS Floundering

Those were the exact words of the United States Post Office’s (USPS) Postmaster General (PMG) Patrick Donahoe earlier this week during a hearing before the Senate Homeland Security and Governmental Affairs Committee.

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