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Topic of the Day

A federal fiscal fog envelops Washington, D.C.

The late writer and satirist P.J. O’Rourke once famously noted, “Giving money and power to government is like giving whiskey and car keys to teenage boys.” He should have apologized to teenage boys.

In 2011, President Barack Obama signed the GPRA Modernization Act, bipartisan legislation intended to improve government accountability and transparency. The measure required the White House Office of Management and Budget to compile and publish an annual list of federal programs.

Fifteen years later, American taxpayers are still waiting.

The federal government has grown so vast and unwieldy that the OMB has yet to comply with the legislation. Congress amended the original law in 2021, Reason magazine reports, giving the office until January 2025 to finish the task. Yet that was still too tall an order.

Indeed, a review released this month by the General Accounting Office found that “OMB has not yet fully addressed 13 of the 20 requirements” in the 2011 law. “For example,” the report noted, “the inventory does not yet include all federal programs, such as foreign assistance or defense programs. It also does not provide all required program, spending and performance information for the more than 2,600 programs currently included in it.”

A cynic might argue that this is by design. A single data base including this vital information might be quite illuminating and become a potent argument for paring back the size and scope of Washington’s domain. But the explanation for the inertia is likely prosaic: Expansive public-sector bureaucracies — unlike their private-sector counterparts — have little incentive to embrace efficiency and financial restraint.

But the federal fiscal fog has real consequences. “A comprehensive listing of programs,” the GAO observed, “along with related funding and performance information, would help federal decision-makers and the public better understand what the government does, what it spends and what it achieves each year. Without a complete inventory, decision-makers lack a critical tool to help them better identify and manage fragmentation, overlap and duplication across the federal government.”

The failure of the OMB should be vindication for Elon Musk and his Department of Government Efficiency endeavor. Leftist critics attacked it relentlessly, yet a government that can’t provide basic information about its endeavors and expenditures is in dire need of radical reform.

In addition, the GAO’s revelation serves as a repudiation to Democrats who argue unconvincingly that the nation has a revenue problem rather than a spending issue. Before Beltway politicians demand more money, they would be wise to first get a handle on where the trillions they’ve already collected actually goes.

 
The "fiscal fog" has been here since at least the start of the covert, middle of the night and during congressional Christmas leave, vote to create what the Rothschilds bank wanted.

The Federal Reserve Act.

It's why we kidnapped Maduro out of Venezuela. He was courting BRICS and selling his oil in Chinese Yuan, to the Chinese further weakening the dollar. Now we see war with Iran and guess what? They sell oil to the Chinese using the Chinese Yuan and are associated with BRICS.

Those countries are trying to break up the Rothschild's family world banking system by creating their own currency. Khadaffi was talking about doing the same in the 80's for the continent of Africa and look what that got him. The US bombing and killing him.
 








Videos show security forces firing into crowds in at least six cities across Iran




 








Videos show security forces firing into crowds in at least six cities across Iran





State approved BS. Everybody knows that!
The only people killed were mossad & CIA and they should not have been there in the first place.
 
I think that when the WEF discusses taxes for the world population they can go fuck themselves.
Particularly when they're talking about taxing air and water.

I have a small pond. They'll die from lead poisoning if they try to tax my pond, let alone my trees.

You see how this elitist groupthink BS only affects We the People?

Btw, they have talked about taxing concrete on your property due to it heats up the air and contributes to global bullshit.
I'm in a rural area so that tax ain't gonna affect me but I still think it's all BS.

I'm all but convinced all taxes are a scam at this point.

 
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I think that when the WEF discusses taxes for the world population they can go fuck themselves.
Particularly when they're talking about taxing air and water.

I have a small pond. They'll die from lead poisoning if they try to tax my pond, let alone my trees.

You see how this elitist groupthink BS only affects We the People?

Btw, they have talked about taxing concrete on your property due to it heats up the air and contributes to global bullshit.
I'm in a rural area so that tax ain't gonna affect me but I still think it's all BS.

I'm all but convinced all taxes are a scam at this point.



Between state and federal I had to pay in the thousands this year. It's like I finally had a savings account that made a fair amount of interest for once and I'm supposed to pay because of it. :mad:


If you're low income or poor odds are there's a good chance you don't pay tax. Those who have joint incomes over $200,000 will know all the tricks of the trade to avoid paying taxes. They just get good accountants or what not to manipulate the system. I've known liberals as well as conservatives that fall into the category.


I mean like myself I don't make a lot of money but enough I'm not considered low income or qualify for stuff like The Affordable Care Act or Obamacare. I mean it's just like the whole system is designed for me to throw in the towel and say the hell with it.


But yeah I'm feeling that...... it's all one HUGE scam
 
If you look around the world our taxes are pretty low. I just wish they spent our tax dollars wiser. and everyone had to pay something if just 1%, so they would at least be invested.


• The top 10% of taxpayers provide 72% of income tax revenue, while they earn 49% of the national income. These are taxpayers with incomes above $178,611.
• The bottom 50% of taxpayers, nearly 77 million taxpayers with income less than $50,339, together paid only 3% of the income taxes collected by the IRS.
 
Between state and federal I had to pay in the thousands this year. It's like I finally had a savings account that made a fair amount of interest for once and I'm supposed to pay because of it. :mad:


If you're low income or poor odds are there's a good chance you don't pay tax. Those who have joint incomes over $200,000 will know all the tricks of the trade to avoid paying taxes. They just get good accountants or what not to manipulate the system. I've known liberals as well as conservatives that fall into the category.


I mean like myself I don't make a lot of money but enough I'm not considered low income or qualify for stuff like The Affordable Care Act or Obamacare. I mean it's just like the whole system is designed for me to throw in the towel and say the hell with it.


But yeah I'm feeling that...... it's all one HUGE scam
Joint incomes over 200,000
Still pay a lot of fing taxes

Don’t kid yourself

House
Car
6 kids
Medical…. 200,000 isn’t what you think it is.
 
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