CAGW Releases January WasteWatcher

  CAGW Releases January WasteWatcher

          A Monthly Dispatch From Citizens Against Government Waste

Business Wire

WASHINGTON -- December 20, 2012

Citizens Against Government Waste (CAGW):

Sandy Relief Bill is a Disaster
By Luke Gelber
On November 18, 2012, Senate Homeland Security and Governmental Affairs
Committee Chairman Joseph Lieberman (I-Conn.) told Politico that spending cuts
triggered by the “fiscal cliff” projected to take effect on January 1 would be
“devastating,” and that they would “really compromise our domestic security
and our capacity to respond to emergencies and disasters like [Superstorm
Sandy].” For that bit of scare-mongering, Sen. Lieberman was named Citizens
Against Government Waste’s (CAGW) Porker of the Month …

CAGW’s Top Technology and Telecommunications Issues for 2013
By Deborah Collier
The technology and telecommunications industries are vital and innovative
sectors of the U.S. economy. Advances in these fields have a positive impact
on other industries such as health care, education, transportation, and
services …

Tanking the Taxpayers
By Sean Kennedy
The hundreds of millions of dollars in earmarks that Congress has approved for
upgrades to the M1 Abrams are so “vital” for national security that the
Department of Defense (DOD) has more than 2,000 of the tanks parked in a
California desert …

GM Bailout Could Get Much Worse
By PJ Austin
When the decision was made to bail out the auto industry, it was widely known
that taxpayers would be saddled with a multi-billion dollar price tag,
although no one knew what the exact cost would be. The Obama administration
claimed that the cost would be worthwhile because of the number of jobs saved
by the bailout. However, the administration may want to rethink its stance; if
an upcoming court case is not decided in General Motors’ (GM) favor, taxpayers
could be poised to lose another $31.3 billion on top of the current,
optimistic projection of $25.1 billion …

Higher Taxes Will Lead to New Spending
By Tom Miller
The fiscal cliff, a combination of automatic budget cuts and tax increases set
to take effect at the beginning of 2013, has dominated the news since the 2012
Presidential election. The effect of going off the cliff would be detrimental
to the U.S. economy, potentially leading to a 3.6 percent decline in the gross
domestic product. These impending negative consequences have led to Congress
and the president scrambling to strike a deal …

Citizens Against Government Waste is a nonpartisan, nonprofit organization
dedicated to eliminating waste, fraud, abuse, and mismanagement in government.

Contact:

CAGW
Leslie Paige, 202-467-5334
or
Luke Gelber, 202-467-5318
 
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