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More Budgets and Deficits Articles

  • Federal prison population drops by roughly 4,800

    WASHINGTON (AP) — The federal prison population has dropped in the last year by roughly 4,800, the first time in several decades that the inmate count has gone down, according to the Justice Department. In a speech Tuesday in New York City, Attorney General Eric Holder said the Justice...

  • NY senate candidate sued by ex-employer quits race

    MINEOLA, N.Y. (AP) — A candidate for the New York Senate said he is withdrawing from the race amid allegations from his former law firm that he created at least $2 million in fictitious client bills, falsified expenses and forged the signatures of federal judges on phony court documents. David...

  • Transportation funding becomes New Jersey priority

    Funding for transportation projects has long been simmering as an issue in New Jersey. Now, it's coming to a boil. Last week, a coalition of business, consumer advocate and planning groups called for a new funding structure. Days later, Gov. Chris Christie nominated Democrat Jamie Fox to head...

  • IRS paid $5.2 billion in fraudulent refunds

    In a report issued Monday, the GAO said the IRS stopped $24.2 billion in theft, but the extent of the fraud is "unknown."

  • US existing home sales fall in August

    WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a...

  • Higher supply, costs cut Ohio farmers' profits

    DAYTON, Ohio (AP) — Ohio corn farmers might be producing more crops, but the boom in supply and higher expenses are driving down profits this year. Most farmers are reporting they are producing more bushels this year, but the price they're able to get for the commodity has been roughly cut in...

  • Top brass weighs on Pentagon

    The U.S. military is more top-heavy than it ever has been, after decades of adding generals and admirals while the enlisted ranks shrank and budget cuts forced many lower-ranking officers out of the service.

  • The many costs of the ’94 crime bill

    The Omnibus Crime Bill caused the number of increase by more than 45 percent — the number of inmates in American prisons and jails grew from 1.01 million in 1994 to 2.3 million today.

  • Senators look to lame-duck session to pass Internet sales tax bill

    Top Senate lawmakers think they have found a way to allow states and local governments to tax Internet purchases: Link online sales taxes to separate legislation prohibiting Internet access taxes, then pass it in the post-election "lame duck" session of Congress.

  • Boehner stresses tax reform, school choice in GOP agenda

    In an abbreviated replay of past Republican pre-election agendas, House Speaker John Boehner on Thursday laid out a plan for the GOP to boost economic growth with a combination of old-school conservative policies such as reforming taxes and cutting spending as well as newer priorities.

  • Bill would require scholars to disclose foreign cash

    A new bipartisan proposal would require think tank scholars to reveal their monetary connections to foreign governments.

  • Poll: Americans estimate federal government wastes 51 cents on the dollar

    On average, Americans believe that the federal government wastes more than half of all taxpayer dollars.

  • Paul Ryan: We’re working to change the rules for tax reform

    Ryan, the presumed successor to retiring Ways and Means Committee chairman Dave Camp if the GOP holds the House of Representatives in November, said Thursday that "there are two things that we are working on right now" to help him succeed where Camp fell short in pushing comprehensive tax reform.

  • Janet Yellen: Most American families lack savings and are 'extraordinarily vulnerable'

    The Fed chairwoman noted that families are still struggling in the wake of the recession, even though the economy has steadily, if slowly, improved.

  • House OKs arming Syrian rebels

    The vote to authorize President Obama to train and equip Syrian rebel forces to combat the Islamic State was 273 to 156 and came after six hours of debate, carried over two days.



From the Weekly Standard