Housing

GSE Uncertainty Continues to Put Taxpayers at Risk

On September 6, 2018, the House Financial Services Committee held a hearing to evaluate the ill-famed ten-year anniversary of conservatorship for government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.  Committee members and witnesses addressed the inherent dangers of keeping the status quo as well as potential reforms to limit systemic risk.

CAGW Marks Fannie Mae and Freddie Mac’s 10-Year Anniversary Under Government Control

Citizens Against Government Waste (CAGW) marked the 10-year anniversary of Fannie Mae and Freddie Mac being placed under government conservatorship by highlighting today’s House Financial Services Committee hearing, “A Failure to Act: How a Decade without GSE Reform Has Once Again Put Taxpayers at Risk.”

CAGW Names Sen. Kamala Harris August 2018 Porker of the Month

For Immediate Release      Contact: Curtis Kalin 202-467-5318
August 20, 2018  

 
(Washington, D.C.) – Today, Citizens Against Government Waste (CAGW) named Sen. Kamala Harris (D-Calif.) its August 2018 Porker of the Month for proposing a bill that would subsidize rent with taxpayer dollars.

Media Alert: 2018 Congressional Pig Book to Be Released This Wednesday, July 18, 2018

Citizens Against Government Waste (CAGW) will release the 2018 Congressional Pig Book at a press conference this Wednesday, July 18, 2018 at 10 a.m. EDT. 

Media Alert: 2018 Congressional Pig Book to Be Released July 18, 2018

The little pink book that makes Washington, D.C. squirm is back and bigger than it has been in many years.  Citizens Against Government Waste (CAGW) will release the 2018 Congressional Pig Book at a press conference one week from today on Wednesday, July 18, 2018 at 10 a.m. EDT. 

Citizens Against Government Waste Applauds Generational White House Reorganization Plan

(Washington, D.C.) – Today, Citizens Against Government Waste (CAGW) hailed the White House’s plan to reform and reorganize the federal government for the 21st century.

Fannie Mae and Freddie Mac: Déjà vu All Over Again

On September 6, 2008, mortgage giants and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac were placed into federal conservatorship in the wake of the housing market crash and global financial crisis. 

Nearly a decade later, neither the GSEs, the Federal Housing Finance Administration (FHFA), nor Congress have offered any viable plans to unwind these entities and release them from taxpayer-backed financial foster care. 

Citizens Against Government Waste Releases Prime Cuts 2017

Citizens Against Government Waste (CAGW) today released Prime Cuts 2017, the latest edition of the group’s comprehensive waste-cutting recommendations that would eliminate unnecessary and ineffective federal programs and spending. 

CAGW Releases May 2017 WasteWatcher

For Immediate Release Contact: Curtis Kalin 202-467-5318
May 19, 2017  

(Washington, D.C.) – Today Citizens Against Government Waste (CAGW) released its May 2017 WasteWatcher, a monthly dispatch to members of the news media, highlighting some of the most prominent fiscal issues affecting American taxpayers.  The stories from its May edition of WasteWatcher are listed in part as follows:

HUD: Noble Motives, Fiscal Disaster

The stated mission of the Department of Housing and Urban Development (HUD) is to “create strong, sustainable, inclusive communities and quality affordable homes for all.”  While that goal is laudable, the systemic dysfunction that permeates the department will prove to be a tough challenge for HUD Secretary Ben Carson.

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CAGW Names Sen. Kamala Harris August 2018 Porker of the Month

Sen. Harris is CAGW's Porker of the Month for for proposing an expensive and impractical taxpayer-funded rent subsidy.