CAGW Releases July 2016 WasteWatcher

WASHINGTON--()--Today Citizens Against Government Waste (CAGW) released its July 2016 WasteWatcher, a monthly dispatch to members of the news media, highlighting some of the most prominent fiscal issues affecting American taxpayers. The stories from its July edition of WasteWatcher are listed in part as follows:

Analyzing the House GOP Replacement for Obamacare
By Elizabeth Wright
On June 22, 2016, Speaker of the House Paul Ryan announced the House of Representatives Republican plan on healthcare reform, one of a series of six proposals called “A Better Way.” This is the first time the House Republicans have coalesced around one plan to replace the Affordable Care Act, commonly referred to as Obamacare. Read the full story here.

Give the FCC an Inch, and It Will Take a Mile
By Deborah Collier
The net neutrality debate has been through legal gyrations at the FCC and the courts for seven years, and this case is still not the end of the long and winding road. Read the full story here.

Perks for Past Presidents Potentially Pruned
By William M. Christian
In a little-heralded move that was lost in the Friday afternoon news dump where important information typically goes to die in Washington, D.C., something verging on the miraculous occurred in the nation’s capital. Congress agreed, in a broad bipartisan fashion, to cut future spending. Read the full story here.

Speaker Ryan’s Better Way on Poverty
By Curtis Kalin
On June 7, 2016, Speaker of the House Paul Ryan made good on his long-standing commitment to address the pernicious issue of poverty in the United States. Read the full story here.

Rethinking Refundable Tax Credits
By Leah Lagoudis
Over the course of the past 40 years, members of Congress have created refundable tax credits (RTCs), which have become ubiquitous in the tax code and mismanagement and a lack of oversight by the Internal Revenue Service and Congress have enabled RTCs to become a multibillion dollar source of wasteful spending. Read the full story here.

Social Security Must Avert Identity Theft
By Rachel Cole
In 2015, $15 billion was stolen from 13.1 million Americans as a result of identity fraud and 16 percent of complaints filed with the Federal Trade Commission (FTC) in 2014 were related to identity theft. Read the full story here.

Cloudy with a Chance of Subsidies
By Andrew Nehring
As tax rebates and incentive payments to businesses continue to deplete revenue intended for Oklahoma’s General Revenue Fund (GRF), which has fallen more than 13 percent below estimates, legislators must come up with a remedy. Otherwise, the $1.3 billion budget shortfall will continue to grow. Read the full story here.

Calling a Foul on Taxpayer-Funded Stadiums
By Ally Schatz
State and local governments routinely approve plans to force taxpayers to subsidize professional sports arenas across the country. In a report released on December 20, 2013, Harvard University found that taxpayers had doled out $12 billion to fund 51 major sports stadiums between 2001 and 2010, raising many questions about why taxpayers foot the bill for these facilities. Read the full story here.

Weapons of Mass Waste
By Filip Cukovic
The Department of Defense (DOD) maintains approximately $70 billion worth of conventional ammunition in case of unexpected contingencies. From this reserve, the DOD routinely removes ammunition that it deems excessive, damaged, unusable, or otherwise obsolete. The stockpile awaiting destruction is valued at $16 billion. Read the full story here.

CAGW is the nation’s largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.

Contacts

CAGW
Curtis Kalin, 202-467-5318

Release Summary

Today Citizens Against Government Waste released its July 2016 WasteWatcher, a monthly dispatch to members of the news media, highlighting some of the most prominent fiscal issues affecting taxpayers.

Contacts

CAGW
Curtis Kalin, 202-467-5318