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National Debt
CapitolWatch News
- Money Mismanagement 101 in Washington, DC
2008-03-26
Leave it to the federal government to bungle one of its most important tasks: managing the tax dollars we as citizens pay.
From the "stimulus package" debacle to the calls from Congress to create a bailout fund for people who are unable to pay their mortgages, the onus of responsibility has continued to shift from individuals to the government and in doing so, consume resources that are dwindling in a time when more relevant needs are rising exponentially.
» Full article... - Earmarks: Version 2008
2007-12-18
There are, according to Taxpayers for Common Sense, approximately 8,983 earmarks (pork barrel legislation) for a total of around $7.4 BILLION in the 2008 omnibus appropriations bill.
» Full article... - Wasted Taxpayer Dollars in Farm Country
2007-12-15
The Senate approved a farm bill that would provide government subsidies to farmers earning up to $2.5 million after expenses, rejecting an amendment to lower the cutoff amount to $750,000 (in case you were wondering, $750,000 is 15 times the 2006 median household income).
» Full article... - AMT Patch: Lessons Yet Learned
2007-12-04
In order to keep a sizeable number of middle-income families from being hit with an average $2,000 tax increase via the alternative minimum tax (AMT), Congress is focused on passing legislation that would effectively nullify the tax for at least one year.
» Full article... - New Website
2007-11-30
The CapitolWatch.org website is being updated!
» Full article...
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