Obama to pitch expanded, waste-ridden EITC in State of the Union speech

By   /  January 20, 2015  /  National, News, Politics & Elections, Wasteful spending  /  No Comments

AP photo

By M.D. Kittle | Watchdog.org

In his State of the Union Address Tuesday, President Barack Obama will call again for expanding the federal Earned Income Tax Credit program.

What he won’t mention is that EITC is filled with fraud and error, costing taxpayers billions of dollars every year in erroneous payments.

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Controversy builds at U.S. consumer protection bureau

By   /  January 14, 2015  /  Congress, News, Texas, Wasteful spending  /  No Comments

Richard Cordray

By Kenric Ward | Watchdog.org
WASHINGTON, D.C. — Costly building renovations at the U.S. Consumer Financial Protection Bureau are raising more congressional concerns that the agency is out of control.
A government report pegs the price of the work at $210 million — $120 million more than initial estimates, with off-site leasing costs included.
“That’s more per square foot than the […]

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Audit: VDOT lost $3 million in Serco contract

By   /  January 9, 2015  /  Accountability, News, State Government, Virginia, Wasteful spending  /  No Comments

CONTRACTED: A state audit revealed that the Virginia Department of Transportation squandered tax dollars by failing to fine an underperforming contractor.

A confidential audit found that the Virginia Department of Transportation wasted millions of tax dollars by failing to fine a nonperforming contractor, Watchdog.org has learned.

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Former PA school board member uncovers questionable credit card use

By   /  January 8, 2015  /  Accountability, Education, Government Waste, News, Open Records, Pennsylvania, Wasteful spending  /  No Comments

Shutterstock image

Working from an inside tip, a former school board member of a suburban Pittsburgh school district found questionable spending by school district employees with district credit cards – including thousands spent for meals and even one $49 purchase at a beer distributor.

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Are earned income tax credits more wasteful than they’re worth?

By   /  December 26, 2014  /  Fraud, National, News, Wasteful spending  /  No Comments

EITC Cash

By M.D. Kittle | Watchdog.org

MADISON, Wis. – A recent audit showing the Internal Revenue Service handed out $14.5 billion in improper earned income tax credits in 2012 came as little surprise to budget watchers like Alan Cole.

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WI lawmaker says state education program misspent $500K

By   /  December 17, 2014  /  Education, News, Wasteful spending, Wisconsin  /  No Comments

new craig

MADISON, Wis. — State Rep. David Craig, R-Vernon, is calling on Department of Public Instruction Superintendent Tony Evers to investigate a state-funded education program after discovering it spent almost $500,000 last year on “five-star dining, luxury travel accommodations and employee lunches.”

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