Commerce | Page 7 | Citizens Against Government Waste


Fannie Mae and Freddie Mac – The Voldemort(s) of the Financial Crisis

On January 13, 2010, the Financial Crisis Inquiry Commission (FCIC) launched a year-long probe on the financial crisis with two days of hearings, starting with testimony from the CEOs of Bank of America, Goldman Sachs, JP Morgan Chase, and Morgan Stanley.  It is not clear whether the hearings and the subsequent report will be an authentic “teachable moment” or just another in a long line of show trials masquerading as serious congressional inquiries, but the early signs don’t look promising. 

Weatherization: More Clouds on the Horizon

The American Recovery and Reinvestment Act (ARRA), the so-called stimulus package, continues to be a source of contention and controversy as the end of 2009 approaches.  When Congress first considered the $787 billion legislation, CAGW expressed grave concerns about the entire plan, especially those programs which received massive increases in their budgets.

Time for a Constitutional Line Item Veto

As the year draws to a close and the nation’s deficit soars to $1.4 trillion, Congress’s spendthrift behavior persists.  On December 16, 2009 President Obama signed a $1.4 trillion omnibus spending bill; $446.8 billion of that amount covered six of the seven remaining appropriations bill. 

Jobs Numbers and White House Propaganda

One of the cornerstones of the stimulus bill was to create jobs and help the economy get back on its feet.  The Obama administration estimated that between 3 and 4 million jobs would be created or saved once the bill was enacted.

Pork Alert: House Financial Services

For Immediate Release
August 31, 2009
Contacts: Leslie K. Paige (202) 467-5334


CAGW Releases June WasteWatcher

For Immediate Release:

June 29, 2009

Contacts: Leslie K. Paige 202.467.5334


CCAGW To Rep. Thomas Petri: Vote No on Waxman-Markey

For Immediate Release:
June 26, 2009
Contact: Leslie K. Paige 202-467-5334


(Washington, D.C.) – The lobbying arm of the nation’s premier taxpayer watchdog group, the Council for Citizens Against Government Waste (CCAGW), today urged Rep. Thomas Petri (R-Wis.) to vote “No” on H.R. 2454, the American Clean Energy Security Act, also known as the Waxman-Markey cap-and-trade bill. 


Sign Up for Email Updates!Click Here!

CAGW Names Rep. Alexandria Ocasio-Cortez March 2019 Porker of the Month

Rep. Ocasio-Cortez is CAGW's Porker of the Month for taking the lead in proposing a “Green New Deal” that would bankrupt America.