Spending | Citizens Against Government Waste

Spending

Congress Drives the "Megabus" Off the Tracks

Even with the national debt at more than $22 trillion and trillion-dollar annual deficits beginning in fiscal year (FY) 2022, Congress continues full-speed ahead towards another fiscal disaster.  This week’s poor spending decision comes from H.R. 2740, an appropriations “megabus.”

June 20, 2019 — CAGW Staff 1561065351

RSC Budget Provides Only Clear Path Toward Fiscal Responsibility

The national debt stands at more than $22 trillion, with trillion-dollar deficits right around the corner.  Entitlement spending continues to rise and is projected to make up 60 percent of spending for Fiscal Year (FY) 2020.  Social Security will exceed its income in 2020 for the first time since 1982 and Medicare is set to become insolvent by out in 2026. 

May 2, 2019 — Peter Klensch 1556818425

Rescission and the Trump Administration

Rescission is an abstruse presidential tool passed amid the Nixon administration under the Congressional Budget and Impoundment Control Act of 1974.

April 11, 2018 — Allen Johnson 1523466408

Up In Smoke: What Happened to the Tobacco Master Settlement Agreement Money?

In November 1998, forty-six US states, along with the District of Columbia and five US territories, and the major tobacco companies entered into a contract of an extraordinary nature.  (The other four states, Florida, Minnesota, Mississippi, and Texas, had entered similar agreements on their own beginning the year before.)  The agreement, known as the Master Settlement Agreement (MSA), represented the culmination of a decades-long argument between the tob

December 12, 2017 — Spencer Chretien 1513110967

Connecticut Legislature Passes a Bipartisan Budget Plan

Faced with a budget deficit of $3.5 billion over the next two years, and three months overdue on a budget for fiscal years 2018 and 2019, Connecticut lawmakers face a difficult situation and must make tough choices.  In 2011 and 2015, the legislature tried to solve the state’s fiscal woes by passing big tax increases.  That’s why a vote in the wee hours of Saturday, September 16 is so impor

September 20, 2017 — Spencer Chretien 1505913402

OMB: House Spending Bills Over Statutory Spending Caps Bust the Statutory Caps

In a sequestration report released on August 19, 2016, the Office of Management and Budget (OMB) found that the fiscal year (FY) 2017 appropriations bills in the House are $792 million over the discretionary caps.  If signed into law, the spending bill would result in across-the-board spending cuts to enforce the statutory cap if a stopgap funding measure is not agreed to.

August 25, 2016 — Rachel Cole 1472130478

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