The Department of Defense currently manages a portfolio of 82 weapons systems with an estimated cost of $1.69 trillion. Let’s put that mind-numbing figure into perspective. If a person were … READ MORE
Archives for May 2019
Patriot Farmers at the Dubai Horse Fair
The ratcheting up of the trade dispute with China has led to a drop in the markets and a rise in the concerns of the farming community. Hoping to quell … READ MORE
A Pleasant Surprise Out of Congress
Despite growing accustomed to only hearing bad news out of Congress as of late, there was finally cause for celebration for those concerned about America’s fiscal future. Last week, Senate … READ MORE
Federal Contracts for Tax Cheats
In 2016, the federal government awarded $17 billion to contractors that owed a collective $1.8 billion in taxes. Since 2008, the Federal Acquisition Regulation (FAR) has required contractors to report … READ MORE
Big Spenders Trick Everyone into Another Budget Blowout
If a child sneaks into the cupboard to eat a whole sleeve of cookies, do they have the right to reject two cookies for dessert as insufficient from now on? … READ MORE
What Donald Trump Still Doesn’t Get About Trade
In the latest nightmare scenario for free traders, U.S. trade policy has been driving the news again with President Donald Trump’s decision to hike tariffs on $200 billion worth of … READ MORE
Spidey-Senses, Teleportation, and Other Outlandish Spending at the DoD
Remember last year when Congress gave the Department of Defense a $165 billion budget boost citing depleted resources. Well, they should have looked at where their current budget was going first. … READ MORE
Report Identifies Billions in Federal Program Duplication
This week, the Government Accountability Office (GAO) released its annual duplication report. This is the ninth edition of GAO’s annual look at program duplication, overlap and fragmentation in the federal … READ MORE