The federal government’s budget deficit will hit $600 billion this year, according to White House projections, The Hill reported.
President Obama’s proposed 2017 budget would discourage work and hamper savings, according to an analysis by the Congressional Budget Office.
The Government Accountability Office reported that $136.7 billion dollars were spent by federal agencies on “improper payments” during fiscal 2015, but the actual total was likely higher.
President Barack Obama presented a budget to Congress on Tuesday that if enacted would add nearly $10 trillion to the national debt, according to the White House’s projections.
A firm hired by the Obama administration has pulled in hundreds of thousands in taxpayer dollars to teach federal workers about diversity, according to an ongoing investigation from a government watchdog group.
The federal debt held by the public totals more than $13 trillion, or about $107,000 per household in the United States, according to a report released this month by the Cato Institute.