It’s become quite common for checkout kiosks at stores to include a prompt asking you to give a couple bucks to a charity that helps support the needy or fight … READ MORE
Archives for January 2020
Generational Theft Update: Congress Adds Another $20 Trillion to Our Tab
Given how bleak every federal budget update has been over the last decade, it’d be really hard to make it markedly worse. And yet… The latest Congressional Budget Office (CBO) … READ MORE
The Pentagon Cooks the Books Kevin Malone Style
[embed]https://youtu.be/SOOlyButK4Q[/embed] In the series finale of The Office, the shortcut accounting strategy of mistake-prone Dunder-Mifflin accountant Kevin Malone is revealed. If the numbers don’t work - just insert a made-up … READ MORE
The 2010s Were a Decade of Endless Spending. What Will the 2020s Be?
It is an unfortunate commentary on the past decade that Americans concerned with the state of the nation’s finances have few heartening reflections to look back upon. A decade that … READ MORE
The Billions Worth of GAO Findings That Also Need Attention
The Government Accountability Office (GAO) made a ripple in the news this week when they issued their legal finding that President Trump’s withholding of $214 million in funds for Ukraine … READ MORE
Five Scary Takeaways From This Week’s Budget Reports
Over the last week, the U.S. Treasury and the Congressional Budget Office (CBO) have released their scheduled budget updates. Given Congress’s past year of adding more spending increases and tax … READ MORE
A Eulogy for the Cadillac Tax
The end-of-year budget deal passed by the House and Senate repealed the so-called “Cadillac Tax.” While never implemented, the Cadillac Tax would have placed a 40 percent excise tax on … READ MORE
How Much Money Is There in Better Tax Enforcement?
In her plan to pay for Medicare for All, Sen. Elizabeth Warren recently proposed raising $2.3 trillion dollars over 10 years from simply better enforcement of existing tax laws. While … READ MORE