News

  • Email to Friends
  • Share on Facebook
  • Tweet This Page
  • Digg This
  • Share This

  • Govt. sets record deficit in February

    The Washington Times
    Stephen Dinan

    The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars. Read

  • House faces March 31 deadline on road, infrastructure bill

    The Washington Times
    Sean Lengell

    House Republicans are rushing to rewrite their massive $260 billion transportation bill ahead of an end-of-March deadline to keep federal highway and infrastructure programs funded. Many Republicans balked at the initial measure, as some called it an egregious example of government overspending while others complained it cut too much from favored projects in their districts. Read

  • Obama Says ‘Modest’ Measures Needed to Trim U.S. Budget Deficit

    Bloomberg
    Kate Andersen Brower and Roger Runningen

    President Barack Obama told a group of business executives that the U.S. can avoid extreme measures to trim the deficit while still meeting the nation’s need to bolster education and rebuild infrastructure. Read

Friday, April 27, 2012

  • Netherlands Reaches Hard-Fought Agreement on Budget Cuts

    The Epoch Times - 3 hours ago

    ...parties to form a narrow majority giving them enough votes to push through the budget package. The cuts agreed to on Thursday are expected to bring the country’s budget deficit down from 4.5 percent of GDP to 3 percent, the maximum legal limit according to... Read More

  • Dutch Budget Cuts Get Go-Ahead as Government Strikes Deal

    Bloomberg.com - 9 hours ago

    ...his Cabinet’s resignation April 23 after the Freedom Party withdrew its support for spending cuts and tax increases worth about 14 billion euros. Rutte said cuts were needed to ensure the Netherlands avoids the debt crisis. Rutte faces a 2013 budget shortfall... Read More

  • Flotteron: Town of Islip Faces $26M Deficit

    Sachem Patch - 8 hours ago

    ...force commissioned by the Islip Town Council revealed the town is facing a projected $26 million budget deficit in 2013. After months of analyzing the town's finances, the task force, led by Councilman Steve Flotteron, said "wasteful spending" and lack of... Read More

  • Republican Ryan cites pope to defend budget cuts

    Democratic Underground - 6 hours ago

    ...known as "subsidiarity". Read more: http://news.yahoo.com/republican-ryan-cites-pope-defend-budget-cuts-212712981.html What an asshole. Replies to this discussion thread is pissed! Whats up with Ryan, has he completely lost his mind? Have the GOP lost their... Read More

  • Budget should be in surplus - report

    Big Pond News - 7 hours ago

    ...taxes was a better quarantining strategy,' it says. 'It certainly suited the Howard Government whose wasteful spending and tax cuts frittered away the surpluses without offsetting a structural reform of the tax system.' The report indicates the budget for... Read More

  • Spain's Economic Woes Deepen as Grim Data Follows Debt Downgrade

    International Business Times - 1 hour ago

    ...by the Bank of Spain Monday. Eurostat, the European statistics agency, also repoted that Spain's deficit hit 8.5 percent - more than four times the EU minimum - during 2011. Prime Minister Mariano Rajoy is currently attempted to implement nearly €27bn in spending... Read More

  • Dutch politicians agree last-minute austerity deal to reduce budget deficit

    Irish Times - 9 hours ago

    ...final deal. New leader Diederik Samsom said that although he was “willing to move”, he believed cuts leading to a deficit of 3.6 or 4 per cent should be adequate – and anything more would hinder economic growth and potentially cost jobs. “This 3 per cent deficit... Read More

  • Spain downgraded over spiralling recession

    EUobserver.com - 4 hours ago

    ...Prime Minister Mariano Rajoy took up office in December, pushing for over €50 billion worth of budget cuts in a bid to bring down the deficit from 8.5 percent of GDP in 2011 to three percent next year. Rajoy last week ahead of a fresh series of education and... Read More

  • Illinois police against preschool spending cuts

    Education Week - 14 hours ago

    ...(AP) — At a time when sheriffs, police chiefs and prosecutors are complaining that budget cuts to their offices put public safety at risk, a group of law enforcement officials on Thursday called on the state to increase funding. In an unusual news conference,... Read More

  • Republican Ryan cites pope to defend budget cuts

    Reuters - 11 hours ago

    ...budget that Ryan pushed through the House of Representatives last month proposes big cuts to federal food aid and Medicaid healthcare for the poor, as well as to education grants, in order to shrink deficits while preserving low tax rates for the wealthy and... Read More

  • Ryan: Catholics Can Disagree Over Budget Cuts

    NewsMax - 13 hours ago

    ...and vulnerable people,” the bishops’ letter said. Ryan said his cuts, by reducing the government’s budget deficit, would avoid a debt crisis that would force lawmakers to make much more drastic cuts in aid to the poor. Those unwilling to reduce the debt “are... Read More

  • AFP Launches New Wasteful Spending Ad

    Minority Report - 7 hours ago

    ...“Wasteful Spending” ad holds President Obama accountable for sending billions of taxpayer dollars to “green energy” companies overseas, even while Americans suffer with rising energy prices and a lack of jobs. It was bad enough when, more than 3 years ago,... Read More

  • Incoming Lockheed CEO takes helm amid challenges

    Reuters Mobile - 6 hours ago

    ...weapons maker, at the very moment that the Pentagon may be facing another $500 billion in spending cuts on top of the $487 billion already being implemented. At the same time, Lockheed (LMT.N) is under mounting pressure to demonstrate progress on its biggest... Read More

  • Hypocrite watch: Sen. Missy Irvin on child abuse

    Arkansas Times - 17 hours ago

    ...the federal government should cut wasteful spending rather than raise revenue. Does this mean spending on child abuse prevention is wasteful spending? Get involved. Support cuts in spending on child abuse. Got it. Subscribe to this thread: Larry, take a chill... Read More

  • Editorial: Fiscal security? Don't look here

    Albany Times-Union - 8 hours ago

    ...next year, when the 2013-2014 fiscal year begins. The bipartisan Committee for a Responsible Federal Budget, co-chaired by Erskine Bowles and Alan Simpson, estimates that failure to reach a deal on deficit reduction by the end of this year would cost the overall... Read More

  • What do Americans really want?

    Reuters Blogs - 15 hours ago

    ...- 94 percent would reduce the budget deficit through some combination of tax reform and spending cuts - 82 percent of Republicans supported letting some of the Bush-era tax cuts expire - 80 percent of those using the Stabilize the Debt calculator chose a mixture... Read More

  • Editorial: California budget deficit grows deeper

    The Orange County Register - 1 hour ago

    ...provide plenty of motivation for the governor and Legislature to seriously consider substantial cuts in spending, and an opportunity to greatly scale back the size and scope of government. Flanked by clergy from across the state Gov. Jerry Brown discusses... Read More

  • Town, county should look into wasteful spending

    Syracuse.com - 16 hours ago

    ...chairman and the Board of Commissioners of the Lysander Fire District accountable for the wasteful spending of our tax dollars. With their decline in membership and, at times, the inability to respond to emergency calls, how can they justify the purchase of... Read More

  • Dutch parties close in on budget deal

    Reuters Mobile - 18 hours ago

    ...a relatively low level of state debt of 65.2 percent of GDP, has been in recession since July, and the budget deficit is expected to be 4.6 percent of GDP next year without spending cuts. As elsewhere in Europe, there is public discomfort with sharp austerity.... Read More

  • S&P; Lowers Spain's Rating

    Wall Street Journal - 10 hours ago

    ...forecast GDP growth of 0.3% for 2012 and 1% for 2013.Because of higher-than-previously-expected deficit projections and other debt-increasing items, S&P; sees net general government debt at 76.6% of GDP in 2014, against its prior estimate of 64.6% of GDP.The... Read More

Find elected officials in the news:

Sign up to find news about our debt crisis:

OUR PRESS RELEASES

Taxpayers Connected:

Our national debt is  
$ 00 00 , 000 000 , 000 000 , 000 000 , 000 000
and each American Taxpayer owes $119,236 of it.

About Ending Spending

Despite the massive federal debt and annual deficits that increase the debt every year, the politicians in Washington continue their out-of-control spending practices. EndingSpending.com exists because the federal budget process is broken; it is now up to taxpayers across America to demand solutions. While working to make sense of the United States federal budget and end wasteful government spending, we will expose those elected officials who say one thing and do another. If you think that the government spends too much of your money on things we cannot afford and do not need, and that Washington politicians should work together to cut government spending, balance the budget and reduce the federal debt, then join the non-partisan community of Ending Spending. Transparency and accurate, real-time information is the key to a responsible democracy. Now is not the time for more talk; it's time for real solutions!

Learn More

Get Latest Updates