The WasteWatcher: The Staff Blog of Citizens Against Government Waste

Deficit

CBO Increases Projected Deficit Estimate

On August 5, 2016, the Congressional Budget Office (CBO) released its “Monthly Budget Review for July 2016.”  The CBO increased its projection of fiscal year 2016 deficit by 10 percent, from $534 billion to $590 billion, in its review.  The non-partisan agency attributes the deficit increase to lower-than-expected revenues.  In addition to lower revenues, costs have also risen.

State of the Union Observations

On January 12, 2016, President Obama delivered his final State of the Union address.  During his address, President Obama cited some of his accomplishments while in office:  the millions of people with healthcare, the increase in jobs and decrease in unemployment, and the great investments in renewable energy across the country.

CAGW Reaction to SOTU 2015: The President Is in an Alternate Universe

The President’s State of the Union Address would have made a good episode of “The Twilight Zone.” In "The Obama Zone," the following is true, because he either never mentioned the subject matter or failed to properly state the facts...

Declaration of Dependence

A February 4, 2013 Congressional Budget Office (CBO) report confirmed what taxpayer watchdog groups such as Citizens Against Government Waste (CAGW) have been warning about for years: Obamacare is an unprecedented disaster for every American’s personal health and the country’s economic health. 

CBO Releases "Options for Reducing the Deficit 2014-2023"

The Congressional Budget Office released “Options for Reducing the Deficit 2014-2023” last week.

A Government That is Too Big

More and more news reports are surfacing about the overreach by the Obama Administration with regard to the partial government shutdown.  Remember, some 82% of government spending is exempt from the shutdown.  It is the White House that ultimately determines what is essential and stays open and what doesn’t in the federal government.

Debate and Compromise Is Not a One-Way Street

A few months back my 20-something niece was complaining about how Congress, in particular the Republican House, was just not cooperating with President Obama over spending, taxes, and government-investments like bridges and green energy.  She said the current system was broken and that we needed something new so things could be done quickly.  I said, “So – what do you want – a king?”  Silence was the answer.

Nancy’s Cupboard May be Bare but There are Certainly Bats in Her Belfry

On Sunday, when asked about deficit reduction, House Minority Leader Nancy Pelosi (D-CA) declared on CNN’s Sunday show State of the Union that “the cupboard is bare…there’s no more cuts to make.”

Tax and Spend Won't Fix the Results of the Financial Crisis

Today, the President gave a speech on the five-year anniversary of the financial meltdown and claimed his policies of government “investments” and intrusion into the private sector, higher taxes, and more regulations have helped the economy turn the corner.  He called for more government spending as he claimed, yet again, turning the economy around is his top priority.  But his policies have prolonged the financial turn down and have created a stagnant economy, perpe

Another New Math?

It seems that Treasury Secretary Jack Lew may have created another form of “new math.”  According to CNSNews.com, the U.S. Treasury has not reported an increase in the debt for the entire month of August.  It has remained at the same level every day since May.  As CNSNews points out, “that makes 112 days that, according to the U.S.

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