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.

 

 

 

 

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