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Employees at the Internal Revenue Service (IRS) got a merry Christmas in 2014 thanks to $60 million in end-of-year bonuses that were handed out by the wasteful government organization that handles our tax dollars. A government watchdog has claimed that $60 million could’ve covered 7 million IRS customer service calls. Is it time to revamp […]

The U.S. Labor Department unveiled a new 401k law on Tuesday that could drastically increase the pace of 401k rollovers in the United States, and retirement account providers are already scrambling to become compliant with the new regulations. Labor Secretary Tom Perez said he believes the new law will be beneficial for investors and retirement […]

According to recent Labor Department reports, energy costs are rising six times as fast as U.S. employees’ wages. Hourly wages rose 2.2% last year, and energy prices are rising at an annualized rate of 13.2%, as of last month. If you think this type of inflation is unsustainable over the long-term, please Like & Share […]

So far in fiscal year 2015, which began last September, the U.S. government has spent $1.86 trillion – this is 7% more than at the same time last year. What’s more, the amount overspent by the government is 6% more than what was spent at the same time last year. If you think the government […]

If Congress reauthorizes the Export-Import Bank, it could mean a $2 billion taxpayer liability over the next 10 years, with the money being directed to foreign companies. If you don’t want your tax dollars used for international corporate welfare, please Like & Share this post.

According to the U.S. Department of Labor, the inflation rate rose 0.2% in March for a 0.6% rise so far in 2015. This figure, however, does not take food and fuel costs into account. If you think the real U.S. inflation rate is much higher than the 0.6% stated by the government, please Like & […]

The federal government spends $9.6 billion per year on the Rural Utilities Service, even though this service completed 98% of its electrification goal and 95% of its telephone service goal by 1981. Citizens Against Government Waste (CAGW) projects taxpayer savings of $48 billion over the next 5 years if this part of big government was […]

Citizens Against Government Waste (CAGW) has found that the U.S. government could save taxpayers at least $24 billion over the next 5 years simply by cutting the number of improper Medicare payments in half. Such a move would not affect rightful recipients of Medicare funds whatsoever. If you think it’s only fair to ask the […]

The largest supplier of HIV and AIDS healthcare products in the United States has been accused of scamming Medicare and Medicaid out of at least $20 million in 12 states. The company allegedly tricked those two government agencies into paying kickbacks to employees and patients who brought new patients to the clinic. If you think […]

The Social Security Administration (SSA) now expects workers to pay more into the program that they could ever hope to receive in retirement, and the U.S. government owns over $876 billion in Social Security debt. Nevertheless, U.S. Senators Elizabeth Warren and Joe Manchin are attempting to pass legislation that would expand Social Security. If you […]