More than $24 billion in loans given out by the U.S. Small Business Administration (SBA) have defaulted, an OpenTheBooks.com analysis found.
Looking at projections by the Congressional Budget Office — Congress’ official federal scorekeeper — one sees that the federal budget is on a rapid collision course with out-of-control deficits.
“Federal funding is being poured into the nation’s richest colleges, the worst performing junior colleges, nontraditional colleges you didn’t know existed, for-profit schools, and more.”
A yogurt company, Chobani, has picked up the tab for unpaid school lunches in a Rhode Island school district. That’s a relief to the school district, but not one likely to be replicated elsewhere. A new report finds that it would take a whole lot of dairy to fix the waste in federal school meal programs nationwide.
While politicians debate expansive new government programs, even amid a worsening debt situation, fiscally prudent Americans may find some solace in alternative plans put forward to rein in our government’s bloated budget.
Stenger acquired responsibility for the financial misdeeds of the other partners but, burdened with his responsibilities as the developer on the ground, apparently neglected to raise any red flags if indeed he knew of the extent of those misdeeds.
The Interior Department will publicly list attorneys’ fees paid out, often to environmental activist groups, for legal settlements, according to a recent memo from Principal Deputy Solicitor Daniel Jorjani.
What started as a grant program to help poor students and those with special needs has morphed into a massive entitlement offering meals to 30 million students every year — equivalent to nearly 55 percent of all children enrolled in public and private schools.
The federal government should not be in the business of accruing more land, nor should it be spending taxpayer dollars on projects that are local in nature, such as golf courses and Little League baseball fields.
Many American households have become increasingly susceptible to our federal government’s decision to subsidize mixing gasoline with ethanol, a corn based biofuel. Vermont households became particularly susceptible after Montpelier passed a law requiring new tanks for gas stations by 2018.
The results of the tests showed that the TSA screeners failed to detect weapons, drugs, and explosives almost 80 percent of the time. While the exact failure rate is classified, multiple sources indicate it is greater than 70 percent.