Spending news, articles and information:

GOP just committed financial suicide for America... $1.1 trillion spending bill is final blowout of a fiscally insane empire built on debt

12/18/2015 - The GOP just committed financial suicide for America, approving a 2,000 page, $1.1 trillion spending bill that gives away everything and adds hundreds of billions of dollars to the national debt. With the debt already approaching $20 trillion, America is rapidly accelerating toward its own inevitable...

Obama has doubled the national debt to $20 trillion in just 8 years

11/15/2015 - During his first presidential campaign in 2008, after becoming the Democratic presidential nominee, then-U.S. Sen. Barack Obama accused outgoing President George W. Bush of being "irresponsible" and "unpatriotic" regarding his stewardship over a rising national debt. "The problem is..is that the...

Look how much the US spends on "sick care"

10/1/2015 - A data team at The Economist recently released a chart entitled "How countries spend their money". When it comes to health spending in the United States, it's very obvious that something is seriously out of whack. The chart shows that in the U.S., 20.9 percent of total household spending goes towards...

Food stamp spending at farmers' markets increased 500% in seven years

9/7/2015 - The number of people using The Supplemental Nutrition Assistance Program (SNAP) has exploded in recent years. In 2008, 28,233,000 people were receiving food stamps, with a total expenditure of $37,639,640,000. The USDA, which manages the redistribution program, reported that the total number of beneficiaries...

The global era of socialism, entitlements and debt spending is about to come to an end

8/19/2015 - For years, sociologists, political scientists and economists have been warning that increased government spending on entitlements, welfare and other Left-wing-inspired socialist benefits would bankrupt communities, cities, states and even entire countries. Such Keynesian schemes have historically never...

Why won't Big Pharma ever cure cancer? They reaped $100 billion on cancer drugs in 2014

5/23/2015 - Critics of modern medicine have been particularly cynical when it comes to how serious the industry and medical science are in finding cures for some diseases, especially those which generate billions of dollars in profits annually for drug makers. In 2012 alone, for instance, Americans spent $325.8...

The lies just don't stop: White House's "transparency" website hides federal spending from public

4/1/2015 11:20:14 AM - President Barack Obama is perhaps the greatest revolutionary ever to set foot in the White House, and that's not a compliment. The man who promised you could keep your doctor and your health care plan, and that your rates and deductibles would fall as well, once also promised the most transparent administration...

Big Food tripled spending this year to stifle growing GMO labeling movement

9/9/2014 - It is something that, as an American and a consumer, ought to outrage you: Big Food companies spending tens of millions of dollars just to keep information from you -- to prevent you from knowing all that there is to know about a substance, or substances, that could be harming your health, as well as...

Cover Oregon spending over half a million in tax dollars to give bonuses to employees doing nothing after healthcare exchange failure

7/3/2014 - After spending more than $250 million on a healthcare exchange website that has since been abandoned due to systematic failure, the state of Oregon is now handing out cash bonuses to the employees responsible for the debacle. According to OregonLive.com, government contractors who agree to stick around...

U.S. medical costs and spending are on the rise

5/2/2014 - Following several years of slowdown, use of healthcare services has begun to increase again in the United States, possibly portending large increases in costs and spending. The findings come from an April 15 report from the IMS Institute for Healthcare Informatics, which analyzes medical and prescription...

U.S. spending on welfare fast approaching $1 trillion per year

11/4/2013 - As I've written before, the sum of U.S. government "entitlement" programs are not simply expensive, they are unsustainable. And now, there is evidence that the fastest growing entitlements - those that comprise "welfare" - will soon approach a mind-boggling $1 trillion a year. Talk about unsustainable;...

American delusion of unlimited borrowing, consumption and debt spending to come to an end

9/20/2013 - Right now, it's pretty easy to disbelieve anyone who is trying to sound the alarm that something bad could ever happen to America. It's easy, while sitting in the comfort of our homes, watching life go on around us, to dismiss as fear-mongering anyone who tries to shatter the images of calm with...

Emergency federal spending bill contains hidden provisions of Monsanto Protection Act

9/19/2013 - A complete shutdown of the federal government is looming -- to many Americans, this is actually a good thing -- and Congress is scrambling to pass a so-called "Continuing Resolution" (CR) that will ensure our traitorous overlords have enough fiat cash on hand to continue with business as usual. But...

Obama's new budget a complete lie: Massive spending increases, virtually no cuts

4/30/2013 - Most Americans know that politicians use a lot of fiction when it comes to things like budget calculations. That is especially true in the nation's capital, where simply not increasing spending as much from one year to the next qualifies as a real budget cut. So it is no surprise that President Obama,...

HHS spending millions in taxpayer money to run Obamacare PR campaign

4/27/2013 - Every supporter of Obamacare, from the president on down, has spent hours upon hours and expended exhaustive amounts of energy telling Americans what a wonderful law it is and how fortunate we are to finally have the federal government running (sorry - "managing") our healthcare system. So why is...

Healthcare spending and Social Security to hit over $3 trillion a year

2/20/2013 - A new report from the non-partisan Congressional Budget Office paints a bleak economic picture for the country in the near-term: Spending on Social Security and government-provided healthcare will consume a staggering $3.2 trillion a year by 2023, or just slightly less than all federal outlays in fiscal...

U.S. ranks first in healthcare spending but last in life expectancy

2/18/2013 - If you think pharmaceutical drugs, vaccines, and various other instruments of modern Western medicine are responsible for improving quality of life and increasing the average lifespan in America, think again. A report recently issued by the National Research Council (NRC) and the Institute of Medicine...

More spending on breast cancer screening doesn't improve detection rates

1/17/2013 - New and expensive breast cancer screening techniques do not appear to provide greater health benefits to women than older, less expensive techniques, according to a study conducted by researchers from the Yale School of Medicine and published in the journal JAMA Internal Medicine. The researchers...

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