Why our government runs out of money

Posted: Oct 18, 2013 12:01 AM

Just in case you were not already sufficiently outraged by the intransigence of the President and Democrats to restrain federal spending however modestly, here are three more things to elevate your blood pressure.

  1. The final "compromise" passed by Congress late in the night October 16 to fund the government not only didn't reduce spending, it increased it!
"Taxpayers for Common Sense says the bill would increase total authorized spending by $1.2 billion." more
  1. The roll out of ObamaCare has been "excruciatingly embarrassing" according to the President's former spokesman, Robert Gibbs. That was a reference to a website that doesn't work…even though it cost the taxpayers three times the original contract amount.

"As U.S. officials warned that the technology behind Obamacare might not be ready to launch on October 1, the administration was pouring tens of millions of dollars more than it had planned into the federal website meant to enroll Americans in the biggest new social program since the 1960s."

"A Reuters review of government documents shows that the contract to build the federal Healthcare.gov online insurance website - key to PresidentBarack Obama'ssignaturehealthcare reform- tripled in potential total value to nearly $292 million as new money was assigned to the work beginning in April this year."

"'Why this went from a ceiling of $93.7 million to $292 million is hard to fathom,' said Scott Amey, general counsel at the Project on Government Oversight, a Washington, D.C.-based watchdog group that analyzes government contracting." more

  1. As small businesses continue to struggle throughout the U.S. the auto parts business is thriving…in Afghanistan.

"Just like GM, theU.S. governmenthas decided to give millions to another part of the auto industry — only this time it’s inAfghanistan."

"In fact, a U.S.-led international group spent $230 million on spare vehicle parts for theAfghan National Armyand other security agencies — then lost them."

"Not knowing where the parts were, the group ordered up an additional $138 million in parts a watchdog said likely aren’t needed and some of which are now sitting in warehouses with boxes stacked to the ceiling." more

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