Articles Tagged 'taxpayers'
Cutting off Obamacare payments would jack premiums up 20 percent: CBO
Cutting off contested Obamacare payments would greatly increase premiums and taxpayer spending on subsidies that chase those rates, budget scorekeepers said Tuesday in dour estimates…
Californians foot $25G bill for 40 hours of Holder’s anti-Trump time
California taxpayers are shelling out $25,000 a month for 40 hours of former U.S. Attorney General Eric Holder’s time to help the state strategize for…
Obama’s Hawaii Christmas vacations cost taxpayers $35 million over 8 years
For the last time, taxpayers are paying for a Hawaiian Christmas vacation for President Obama and his family, an annual luxury getaway that has cost…
ObamaCare fallout: As premiums rise, so does cost to taxpayers
The Obama administration is trying to calm the panic over soaring ObamaCare premiums by pointing to subsidies many will receive to offset the cost —…
IRS accused of sharing 2,500 private taxpayer documents with White House
The Internal Revenue Service may have given thousands of confidential filings from private taxpayers to the White House to review, a lawsuit against the Treasury…
Cut up the credit cards: States have $5T in debts taxpayers will have to pay
Coast to coast, states are leaving taxpayers on the hook for massive debt payments over the coming decades as state governments continue to abuse their metaphorical credit cards.
A new report released this week says state governments have more than $5.1 trillion in debt, largely because of pension obligations to former and current state employees, which states now lack the…
Taxpayers on hook for $139 million after loan to failed green automaker is sold
Taxpayers are on the hook for a multi-million-dollar tab after a U.S. Department of Energy gamble on a green automaker went into the red.
The Obama administration announced Friday it will lose $139 million on a loan to struggling electric car maker Fisker Automotive Inc. after selling part of the loan to a private investor that immediately took the company…
White House defends high bills for Africa trip
The White House Friday defended the first familyâ€™s upcoming weeklong trip to Africa, which could cost taxpayers up to $100 million, as â€œgreat bang for…
IRS Having Trouble Keeping Taxpayer Files Secure, Watchdog Says
By Associated Press, FOXNews.com
The IRS is having problems securing personal taxpayer data and is not doing enough to prevent “unauthorized users” from accessing that information, according to a new report.
The Government Accountability Office this past week warned that the IRS continues to suffer from a “material weakness” in information security.
While the report praised the IRS for…
Taxpayers Unlikely To Recoup GM Bailout
By MARCY GORDON, AP Business, Yahoo News
WASHINGTON â€“ By selling a block of its shares in General Motors Co. for $33 each â€” a…