It's
back...!
The
second
annual
"Federal
Fumbles:
100
ways
the
government
dropped
the
ball"
was
released
TODAY.
CLICK
HERE
to
access
the
full
report
online.
CLICK
HERE
to
watch
the
press
conference.
Here
are
the
facts:
- The
federal
deficit
for
Fiscal
Year
2016
was $587
billion,
and
overall
debt
is
now
$19.5
Trillion, according
to
the
Treasury
Department.
- The
total
federal
debt
of
$19,573,444,713,936.79
now
equals
about
$165,575
per
household
in
America.
- In
the
eight
years
of
Mr.
Obama’s
presidency,
the
federal
debt
has
grown
by
$9
trillion,
nearly
matching
the
total
amount
of
debt
accumulated
by
all
of
his
predecessors.
- According
to
the nonpartisan
Congressional
Budget
Office,
the
projected
federal
deficit
is
expected
to
be
$594
billion
in
Fiscal
Year
2017.
- Annual
deficits
are
projected
to
increase
above
$1
trillion
within
this
decade
due
to
America’s
aging
population.
Between
2010
and
2040,
the
number
of
Americans
age
65
and
older
will
double
from
41
million
to
82
million
people.
To
lower
the
debt,
we
need
to
grow
the
economy,
and
we
must
root
out
inefficiencies,
duplication,
and
wasteful
spending
wherever
they
exist.
This
"Federal
Fumbles"
report
will
provide
specific
examples
of
wasteful
spending
and
unnecessary
regulations
that
are
not
in
the
taxpayer’s
best
interest,
and
show
specific
solutions
for
how
the
federal
government
can
become
more
efficient.
We
had
some
small
victories,
over
the
last
year,
from
my
2015
report;
I
am
hopeful
that
we
can
continue
to
build
upon
those
accomplishments
next
year.
Stay
Connected!
If
you
would
like
more
information
on
these
topics,
please
do
not
hesitate
to
call
my
D.C.
office
at
(202)
224-5754.
My
Oklahoma
City
office
can
be
reached
at
(405)
231-4941
and
my
Tulsa
office
at
(918)
581-7651.
You
can
also
follow
me
onFacebookorTwitterorInstagramfor
updates
on
my
work
in
Congress.
Notice:
If
you
wish
to
stop
ALL
electronic
communications
from
my
office,
visit
this
link
to
opt
out
permanently
from
this
list.
If
you
have
any
questions
about
this
Notice
or
your
right
to
decline
future
electronic
mail
from
this
office,
please
contact
us
at
United
States
Senate,
316
Hart
Senate
Office
Building
Washington,
DC
20510.
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