The word “spooky” is insufficient to describe the frightful way President Biden and Congress damaged taxpayers during 2022, so today Citizens Against Government Waste (CAGW) released its 23rd annual compilation of the hair-raising, harrowing, and horrifying Taxpayer Tricks and Treats. There was so much scary spending and so many repugnant regulations that there are more tricks and fewer treats than usual.
As Halloween approaches, Sen. Warren has a special treat for all taxpayers: Pony up your more of your hard-earned dollars for student loan debt forgiveness. But this is no treat; it is a massive trick. President Biden’s $10,000 in loan forgiveness is scary enough, but Sen. Warren would turn it into a nightmare by making it $50,000. She is also setting taxpayers down a grim path by saying forgiving student loan debt is “actually a way to fight inflation.”
CAGW Testifies Before Pennsylvania House Committee on Government Regarding Improper Payments
On October 26, 2022, Citizens Against Government Waste's Vice President of Policy and Government Affairs, Deborah Collier, testified before Pennsylvania's House State Government Committee.
A comprehensive list of proposals that should be adopted to reduce the record national debt.
Each passing year demonstrates the necessity for fiscal reform in the United States.
The national debt has surpassed $31 trillion for the first time and is set to grow at a record pace over the next decade. A May 2022 Congressional Budget Office (CBO) report forecast an average annual deficit of $1.6 trillion between fiscal years (FY) 2023 and 2032, after reaching a record high of $2.8 trillion in FY 2021. The annual deficits during this period will add $15.7 trillion to the national debt, bringing it to $46.7 trillion by FY 2032.
Citizens Against Government Waste is the nation's largest taxpayer watchdog group with more than one million members and supporters nationwide. It is a 501(c)(3) nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government. Contributions to CAGW are tax-deductible as charitable contributions to the extent permitted by law. For more information about CAGW, visit our website at www.cagw.org. To help CAGW battle the runaway deficit spending that is bankrupting America, make a tax-deductible contribution to CAGW today.
