House Republicans said on Tuesday that they are attempting to keep deficit spending low while boosting a shrinking defense budget as they unveiled their budget proposal for 2016.
Funding for the Department of Homeland Security (DHS)—which is due to expire at the end of this week unless an agreement in Washington is reached—has continued to rise under President Barack Obama. His administration claims the agency’s increased funding is necessary to protect the homeland, but records show the DHS has continued to increase its spending on furniture and office makeovers as its budget has been increased.
The Federal Transit Authority (FTA) is spending $54.5 million to purchase 60 electric buses and charging stations for public transit systems across the country, costing taxpayers nearly $1 million per bus.
President Barack Obama’s fiscal year 2016 budget would make permanent the Investment Tax Credit (ITC), a benefit used by Solyndra to build solar panels.
Sen. Tom Coburn (R., Okla.) is launching an investigation after revelations that sequestration resulted in only one government layoff in 2013.
According to a report released by the Government Accountability Office (GAO), the only layoff that occurred to help achieve the $85.3 billion in spending cuts took place in the Department of Justice (DOJ).
Paul Ryan and his Republican colleagues are driving discretionary spending, while President Barack Obama’s proposals for higher taxes and higher spending have not come to fruition, the Washington Times reports.
President Barack Obama has proposed 442 tax hikes since taking office in 2009, according to an Americans for Tax Reform analysis.
WASHINGTON (Reuters) – U.S. Sen. Marco Rubio, a prominent Republican critic of President Barack Obama’s healthcare law, unveiled legislation on Tuesday to make sure Obamacare would not add to the deficit by compensating insurance companies for possible losses.
President Barack Obama’s proposal to raise the minimum wage to $10.10 per hour will cost the private sector $15 billion and increase the deficit by $5 billion over the next 10 years, according to a Congressional Budget Office report released Wednesday.