federal spending
Presidential Spending Update
Federal spending is rising and the government’s debt is growing by a trillion dollars a year.
Federal Spending Tops $5 Trillion
The Congressional Budget Office and the Office of Management and Budget both project that federal government spending will be about $4.6 trillion in fiscal year 2020.
Winner and Loser States from Centralized Government
Ninety years ago, two-thirds of government spending in America was state-local and one-third was federal. Today, it is the reverse with about two-thirds federal and one-third state-local.
Budget Projections Show We’re Headed to Poorhouse
New projections show a grim fiscal future and crushing debt burdens on young Americans.
CBO Report: Spending Blasts Off
If Congress makes no reforms, federal spending is expected to rise from $4.14 trillion this year to $7.05 trillion by 2028.
Federal Spending Rescission
Worried that their spending spree in the recent omnibus bill will suppress conservative turnout at the polls this November, Republicans are now considering a “rescission” package.
Who Would Want to Be the Next President?
The next president will come into office in early 2021, and the nation will be facing the most dangerous budget situation in peacetime history.
Omnibus Outrage
Congress has passed a giant omnibus spending bill with large increases for every federal budget area. If Trump goes along with the GOP leadership and hikes spending, it would cut his cabinet secretaries off at the knees.
Big Spenders Dominate
Congressional leaders have agreed to a 2,232-page omnibus spending package that allocates federal discretionary spending for 2018. Defense and nondefense spending levels are jacked up, budget caps are blown through, and the deficit is soaring.
Federal Fumbles and Failures
The federal government has suffered from wasteful spending since the beginning.