137 results for search: accounting


Pentagon officials hid study that reveals $125 billion in wasteful spending

According to recently obtained confidential memos, Pentagon authorities buried an internal study that reveals $125 billion in “administrative waste” out of fear Congress would further cut defense spending. The Washington Post has the scoop: Pentagon leaders had requested the study to help make their enormous back-office bureaucracy more efficient and reinvest any savings in combat power. But after the project documented far more wasteful spending than expected, senior defense officials moved swiftly to kill it by discrediting and suppressing the results. The report, issued in January 2015, identified “a clear path” for the Defense ...

Yes, Obamacare increased healthcare premiums substantially

Outrage against Obamacare isn’t just a conservative talking point—it’s the natural response when big government sticks it to the little guy. Overwhelming evidence from scholars shows that the Affordable Care Act “significantly increased premiums.” Two Brookings Institution researchers attempted to show through analysis that the ACA had caused average premiums in the individual market to drop; however, Loren Adler and Paul Ginsburg left out some important points. A Forbes contributor reported: Economists at the University of Pennsylvania, also using actual pre-ACA individual market data, estimated that the total expected price of ...

VA study: Veteran suicides comprise nearly 20 percent of all suicides in America

Data from the Department of Veterans Affairs reveals nationwide 20 veterans per day commit suicide, a number that accounts for nearly 20 percent of all suicides committed in the U.S. every year. Military Times has the story: Roughly 20 veterans a day commit suicide nationwide, according to new data from the Department of Veterans Affairs — a figure that dispels the often quoted, but problematic, “22 a day” estimate yet solidifies the disturbing mental health crisis the number implied. In 2014, the latest year available, more than 7,400 veterans took their own lives, accounting for 18 percent of all suicides in America. Veterans make up ...

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Sen. Mike Lee: ‘Saddling future generations with a debt burden of this size … fiscally irresponsible’

Americans have had to tighten their belts over the last seven-plus years but not so for Congress – members of which have been on an out-of-control spending spree that has to stop, says Sen. Mike Lee (R-Utah) in a recent column. Read Sen. Lee’s comments below: Nearly everyone in America understands what it means—and what is required—to live within a budget. Regardless of zip code or economic status, most people can spend only as much as they earn. One person’s paycheck may be twice the size as his neighbor’s, but neither may continually spend beyond their means… Currently, the total national debt hovers just above $19 trillion, ...

Tea Party Patriots Weekly Report from Washington for 3/06/16

Tea Party Patriots Weekly Report from Washington for 3/06/16 CALENDAR: The House is in recess, and will return on Monday, March 14. The Senate will be in session on Monday, and will stay in through the rest of the week.   LAST WEEK ON THE HOUSE FLOOR: The House got to work on Tuesday, with votes on 12 bills on the Suspension Calendar. On Wednesday, the House took up and passed H.R. 3716, Ensuring Terminated Providers Are Removed from Medicaid and CHIP Act, offered by Rep. Larry Bucshon of IN, which would require states and Medicaid managed care plans to report to the Secretary of HHS the identifying information for ...

Financial records of failed New York Obamacare co-op mired in secrecy

Documents that would explain why Health Republic of New York, one of 13 failed Obamacare co-ops, went under are not being released by the regulators at the New York Department of Financial Services despite a freedom-of-information request. The Daily Caller has the details: New York Department of Financial Services (DFS) reportedly launched an official investigation in September 2015 of Health Republic of New York for “substantial under-reporting” of its finances. Health Republic is one of 13 Obamacare non-profit health insurance co-ops that have failed since the $2.5 billion program’s 2012 launch to compete with commercial for-profit ...

DHS: Majority of visa violators not investigated

Homeland Security officials Wednesday told members of the Senate that 99 percent of the more than 500,000 foreign nationals who overstayed their visas in 2015 weren’t investigated, adding most were deemed “nonpriorities” while others left voluntarily. The Washington Times has the inside story: Meanwhile, the government deported only about 2,500 visa overstays last year, and has only about 3,000 active cases — accounting for just a small fraction of the problem. “Probably the chances are that in our prioritization scheme, we will not get to those individuals unless they rise to the level that it meets either the national security, the ...

Jenny Beth Martin: Congress should investigate DHS whistleblower’s claims

Atlanta, GA – Tea Party Patriots President and co-founder Jenny Beth Martin released the following statement today urging Congressional Republicans to fulfill their oversight obligation in the wake of a whistleblower’s revelations about DHS shutting down an investigation into radical Islamists over concerns about political correctness. Former DHS official Philip Haney claims he oversaw a program investigating radical Islamic organizations which were tied to both terrorists in the San Bernardino attacks. "Disclosures by a former official with President Obama's Department of Homeland Security that Obama Administration officials shut down a ...

Senate to Hear From Victims of Tea Party-Targeting Scandal

Atlanta, Ga. – Today at 2 p.m. ET, Jenny Beth Martin, the President and Co-Founder of Tea Party Patriots, which had its tax-exempt status held up by the IRS for several years, will testify before the Senate Subcommittee on Oversight, Agency Action, Federal Rights, and Federal Courts, regarding the progress the Internal Revenue Service (IRS) has made in reforms since the agency's targeting scandal first came to light. "We waited 3 years, 2 months, and 10 days, put in thousands of man-hours, and spent tens of thousands of dollars in legal and accounting fees to have our 501(c)(4) tax-exempt status approved by the IRS... and it was granted the day ...