What’s interesting in the news today?
1. We don’t have a revenue problem, we have a spending problem.
From CNSNews “The federal government paid $2,007,358,200,000 in benefits and entitlements in fiscal year 2013 from government programs, according to data from the Bureau of the Fiscal Service’s Monthly Treasury Statement.
The treasury statement summarizes the financial activities of the federal government, including data on government receipts, outlays, and surplus and deficit totals. The September 2013 monthly treasury statement calculates these metrics for the entire fiscal year of 2013, which began on October 1, 2012 and ended on September 30, 2013.
According to the statement, the federal government’s total outlays, otherwise known as spending, for means-tested and non-means tested government programs — not including administrative expenses — totaled $2,007,611,200,000 in fiscal year 2013.”
“According to the treasury statement, the federal government totaled $3,454,253,000,000 in outlays for fiscal year 2013. This number encompasses all government spending, including things like defense, highway and transportation costs, public education, immigration services and government worker salaries, to name a few.”
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2. Meanwhile, the new website for govt. transparency isn’t being very transparent and is not accounting for hundreds of billions of dollars spent.
From USAToday “A government website intended to make federal spending more transparent was missing at least $619 billion from 302 federal programs, a government audit has found.
And the data that does exist is wildly inaccurate, according to the Government Accountability Office, which looked at 2012 spending data. Only 2% to 7% of spending data on USASpending.gov is “fully consistent with agencies’ records,” according to the report.”
“For more than 22% of federal awards, the spending website literally doesn’t know where the money went. The “place of performance” of federal contracts was most likely to be wrong.”
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3. A 2 star general has been killed in Afghanistan by an Afghan soldier.
From TheNYTimes “For the first time since Vietnam, a United States Army general was killed in an overseas conflict on Tuesday when an Afghan soldier opened fire on senior American officers at a military training academy.
The slain officer, Maj. Gen. Harold J. Greene, was the highest-ranking member of the NATO-led coalition killed in the Afghanistan war, and his death punctuated the problems vexing the Americans as they try to wind down the 13-year-old conflict, contending with a political crisis that has threatened to splinter the Afghan government and leave it unable to fend off the Taliban.
The general was among a group of senior American and Afghan officers making a routine visit to Afghanistan’s premier military academy on the outskirts of Kabul when an Afghan soldier sprayed the officers with bullets from the window of a nearby building, hitting at least 15 before he was killed.”
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4. Why am I not shocked?
From ThePoughkeepsieJournal “The Rev. Al Sharpton, along with his nonprofit National Action Network and two for-profit firms, have $4.7 million in outstanding debt and liens, according to federal and state tax records, the New York Post reported on Sunday.
Among the debts include $806,875 that Sharpton owes the state, along with $2.6 million in federal liens against him for unpaid personal income taxes, the Post stated.
Recent filings showed the National Action Network owed $813,576 to the federal government at the end of 2012, and his company Rev-Al Communications owes $447,826 to the state, while the Bo-Spanky Consulting firm has $18.21 in outstanding debt, according to the Post.
Sharpton told the Post he’s paying down the debts according to negotiated agreements.
“It’s significantly less. It’s nowhere near the millions of dollars. We have totally lived up to our agreement with them,” Sharpton the Post. “It’s being paid down.”
Good, then after he pays this, maybe he’ll get around to paying the judgment against him from the Tawana Brawley case that he’s ignored for years.
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5. Why is A-Rod’s name not on the list? After all, he sought out, purchased, used, and benefitted from it most? He shouldn’t avoid prosecution just because he’s snitching now.
From FoxSports “The former clinic owner accused of selling performance-enhancing drugs to Alex Rodriguez has agreed to plead guilty in what prosecutors called a wide-ranging conspiracy to distribute steroids to both major league ballplayers and high school athletes.
The charges filed Tuesday against former Biogenesis of America owner Anthony Bosch and six others marked one of the biggest salvos yet in a case that has dragged on for nearly two years. The case has sparked lawsuits, mudslinging and suspensions against numerous major leaguers, including Rodriguez.
Also charged was Yuri Sucart, 52, a cousin of Rodriguez who the New York Yankees third baseman has said provided him with steroids from 2000-03, when Rodriguez played for the Texas Rangers.
Sucart and the others are accused of acting as recruiters, setting up meetings between the athletes and Bosch, who introduced himself as “Dr. T,” authorities said. Professional athletes paid up to $12,000 a month for the drugs provided by Biogenesis, while high schoolers paid up to $600 a month. All the clients were promised that the substances would not be found through drug testing, prosecutors said.”
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