Breaking News Items Related to Taxes, Budget and Spending, National Debt, and Social Security
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NDAC covers news items about the Affordable Care Act (ACA), aka: "Obamacare", because the Supreme Court ruled that it is a tax law.
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Here is a great source about Government Waste of your money.
Government cannot spend any money unless they take it from you. It's your money they're using.

  • New regulations from the EPA during mid-2015 will cost you a LOT! Better get used to it.
  • The cost of government regulations, stifling to productivity and your own personal life.
  • Your cost due to Federal Regulation: big bucks!
  • Fraud, perpetrated in Congress. Fraudulent legal documents to avoid ACA.
  • Americans have been fleeced by false green energy dreams; big taxpayer bucks wasted by Government!
  • Here is how the IRS works. ... gave promotions to tax cheating workers.
  • How many jobs were added? Phantom Jobs, Department of Labor, and reality.
  • A case for ending the Export-Import Bank (Ex-Im), permanently. Your tax money supports this bank.
  • Congress working on the FY2016 Federal Budget. Conference Committee discussion and deals! You pay.
  • How's the state level ACA working out for you? Is it drowning in red ink? Who's going to pay for it?
  • Here is a great example of how socialism works.
  • Deficits will continue to climb. And Congress is making it worse! Not fixing it. And the debt continues to grow!
  • Who holds the U.S. National Debt? it used to be China, but now it's Japan. Pay attention.
  • About that Iran deal; Obama and Kerry paid them, took our money and paid Iran; $11 Billion.
  • Medicare "Doc fix" will cost! Here is the cost calculator. Read more about this new law!
  • Complexity of the Federal Tax Code has increased by 3322 pages due to the ACA. And added billions of dollars in cost.
  • Wealth redistribution, taking from some and giving it to others. Too many are leaning on EITC and other government handouts.
  • Social Security says Puerto Ricans to be disabled, and pays them disability for it, because they speak spanish ... your money at work.
  • Charts can explain a lot, easily. Here's on explaining ACA tax increases, you pay!
  • Admission by the IRS Chief: meaning that the IRS is a political tool, federal revenue is not its main objective!
  • What exactly is Government spending your dollars on?
  • Step one of the Federal Budget process is finished. $3.8 Trillion Budget for FY2016.
  • Federal workers owe more than $3 Billion in unpaid taxes! Money being stolen from taxpayers.
  • The House of Representatives has be busy... but wait, there's more: was it just a planned, wasted effort (cost) to us taxpayers?
  • Illegal Alien costs have a new estimate, 1 TRILLION or more.
  • Big Bucks wasted. $125 Billion. Wasted by our Federal Government, money taken from you!
  • Illegal aliens are costing us a lot. Here is current immigration law. What happens if you break the law? Read it. Who can arrest? Read it.
  • If you like your 401K, the President will change it for you! Yet another government take-over. Pay attention.
  • Tax forms error, related to ACA subsidies; partly because both HHS and IRS are handling ACA taxation. Two U.S. Government agencies attempting to coordinate on anything is scary, but on taxes and healthcare?!?!?!?! More on this.
  • Do you have some suggestions for federal budget spending cuts? Here is a whole book about it! But it hardly scratches the surface.
  • Update and more on this: Illegal Aliens getting bonus tax refunds, after having never paid income tax. You taxpayers (ie. all of us) pay for this!
  • Most workers in the U.S. are employed by small businesses. Small businesses struggle with tax laws. IRS finally apologizes for unfair treatment. [NDAC Comment: Too late and too short.]
  • Here is one striking impact of vicious taxation.
  • Internet control "net neutrality" is actually a massive tax plan. You will pay!!!
  • It seems that every new government proposal is merely a tax proposal with a bogus name. Check this one about "Net Neutrality".
  • How safe is your money, ... from government?!
  • Tax Time in 2015: you're gonna have some fun with new ACA tax features. New forms, new research, new taxes. Well done article.
  • An item to keep your eye on: the interest cost of our current huge National Debt is low because of very low interest rates. Interest rates on borrowing will be going up soon. The National Debt will become very large, and it already is a major portion of our national budget spending.
  • Are you expecting a TAX REFUND? Your illegal aliens buddies are!
  • President Obama has submitted his budget proposal to Congress. Here are some highlights.
  • A great example of government spending your money.
  • "Green Companies" are gouging consumers with taxpayer help. You pay ... maybe more than you think!
  • Math test: With 46 Million Americans on Food Stamps (SNAP), how much is that costing American taxpayers?
  • The National Debt jumped $100 Billion on the last day of 2014!
  • The IRS will fine you if you don't have health insurance.
  • Here is a great chart comparing family spending to federal government spending.
  • The IRS is supposed to be an independent tax administrator, BUT it has become a political tool.
  • New, costly rules: just in time for the new year!
  • "... It's just remarkable the breadth of all that was spent in this bill." Says Club of Growth analyst Andy Roth, referring to the $1.1 Trillion continuing resolution. [NDAC comment: everything got funded].
  • Here is a full breakdown of the 2015 Omnibus Federal Spending Act, passed Congress and Signed by President Obama. Strongly opposed by all except Congress and the President.
  • The $1.1 Trillion spending bill provides $1 Billion to "help" illegal aliens. Is that how you want government to spend YOUR money?
  • Will we ever pay down the National Debt? See this video.
  • Here is a short video explaining the job of U.S. Senators. Senators used to represent the States, they no longer do, they are now elected just like Representatives (17th Amendment).
  • [NDAC Comment: The item below links to the Continuing Resolution spending bill. This bill includes (starting on page 6) a "Study" of electric rates in insular areas. It directs the Secretary of Interior to conduct a specified study, and to develop a plan. It directs the Secretary to report on it's progress to implement the plan. BUT it does not direct that a plan be implemented. This is a typical example of how poorly written most legislation is, and this one spends $1 Trillion of our money! Every dollar appropriated by this act is paid for by you, through numerous forms of taxation. Is the government spending your money they way you want it spent?]
  • Congress has released the $1 Trillion continuing resolution spending bill thru FY2015. Check it out, know what your Congress is doing. And still we have no budget.
  • NDAC economics mini-lesson: "Stuff" is only produced when the cost of producing and delivering that stuff will allow the producers to make a profit. Bankruptcy is not desirable to producers.
  • Dramatic oil price drops have lead to lower gas prices at the pump, but there's a catch.
  • Illegal aliens are already costing U.S. Taxpayers ... here's another $182 Million lost.
  • EPA employees paid over $1 Million to NOT work. You pay for this, taxation.
  • Social Security's life expectancy keeps getting shorter.
  • Total US Debt rises over $18 Trillion, Up 70% under Barack Obama.
  • Tax evading IRS employees are getting bonuses. And you have to pay for them.
  • U.S. Treasury Department issues $1Trillion in new debt ... to pay old debt! Isn't that how Ponzi works?
  • The suit against the IRS! Let's watch this closely.
  • This person owes millions in back taxes. But the IRS won't go after him. Why not! He's real easy to find. Want more information?
  • Internet users would be forced to pay a new federal tax on their monthly bills if government approves regulations recently endorsed by President Obama.
  • One governor raised gas taxes, and lost his job in the elections.
  • A plan to tax the internet. Here is one analysis of President Obama's approach. You will pay.
  • Do you want to pay off Google's federal loan for a solar power plant? You will.
  • "Taxation Must Go Global", according to the German Finance Minister. Globalism, global governance, he touted the global tax-information regime long pushed by socialists and globalists just signed in Berlin between more than 120 governments and regimes.
  • This time is the State Department wasting taxpayer (your) money!
  • U.S. tax revenue is at a record high. But the debt keeps growing. It just crossed $17.9 Trillion!
  • A new report about Government waste. It may surprise you.
  • Who directed this action? DoD moving gold overseas against the law. Your gold!
  • Public Pension Plans, are falling further behind despite recent historic market gains. You'll pay.
  • Providers defrauding Medicare, $29 Million of your money. [NDAC comment: ACA is forcing folks into Medicare, the providers see an opportunity. It's your money.
  • ACORN still stealing taxpayer money, this time with ACA fraud. And they have invoked unions to do it.
  • BLM (Bureau of Land Management, a U.S. Government agency) used taxpayer money to buy gifts.
  • Have you heard of "fiscal imperialism"? This article explains how the U.S. Tax Code penalizes U.S. Companies. Any you pay.
  • Here is a web site with excellent information about the ACA and your health insurance. If you're struggling with health insurance matters, check it out. And here is an excellent related 3 minute video.
  • Morea SNAP, the food stamp program is administered by the Department of Agriculture. DofA says more that 46 million people on the program.
  • SNAP (food stamps) fraud. You pay! How big is the fraud? No one knows, only that it's big!
  • If the government gives it, government had to take it from taxpayers. You ARE a taxpayer, even if you think you didn't pay any income tax; because if you EVER bought anything, you paid embedded taxes.
  • HealthCare.gov is the ACA web site. Cost, so far is $1.7 Billion! What companies are getting that money? Your money, just for the web site, not for any health insurance or healthcare.
  • A large part of our federal budget goes to pay interest on the National Debt. We've been lucky with low interest rates for several years. Going to change now.
  • Here is more detail on the new taxes required by the ACA. The article has links to the CBO report.
  • The ACA will "add significant complexity to tax season", H&R Block CEO explained.
  • Foreign ownership of National Debt reaches $6 Trillion. Is your USD going to hold any value?
  • A very good explanation of new taxation you'll have to pay, because of the ACA.
  • Update to the article below. Central Bankers warn about Perfect Storm.
  • Global Economic Warfare! How's your dollar doing? It's insidious. Better start checking it.
  • The CBO Aug 2014 Economic Forecast Report shows growing deficit, and Debt. Blames "entitlement programs".
  • A new federal report: $1.7 Billion spent to develop the ACA marketplace. That's the "Obamacare" web site!
  • The welfare rolls are about to "explode". A new plan to increase the number of people on welfare is being laid out. Businesses cannot pay labor enough to compete with welfare payments. And the government is using your money to pay for it.
  • More about the Ex-Im bank: you are affected. It funnels your money to foreign firms to help them buy stuff. But Ex-Im financing primarily benefits multi-national corporations, and harms small businesses.
  • Here is a huge waste of taxpayer money. The Clean Energy Summit, with overpaid speakers, travel, hotel, security... you pay! Result of the summit meeting? NOTHING!
  • High taxes, abusive enforcement causing businesses, citizens to flee America.
  • This article compares the deficit of Social Security and Medicare programs to the national debt. It incorrectly refers to those programs as entitlements, they are not entitlements because you contributed to those programs. However, their deficits are huge.
  • $33 Billion of U.S. Taxpayer money going to Africa. It's your money, are you talking to your Congress person???
  • $619 Billion missed from federal transparency web site. "And the data that does exist is wildly inaccurate".
  • Federal Government (US taxpayers) spent $2 Trillion in Benefits and "entitlements" in FY2013.
  • The luxury detention center for illegal aliens entering the U.S. You are paying for it.
  • Here is one analyst's review of the Social Security Trustees Report. He says the program is worse off than Detroit's Pension Funds.
  • Your tax dollars at work, and NOT on what you wanted. And this hurts the veterans. Millions of dollars for VA Bonuses. Congress! Failing our veterans, stealing your money! In direct conflict with what Congress did just one month ago!
  • Every year, Trustees are required to report on the status of the Trust Fund. Here is the latest Social Security Trustee's Report July 2014.
  • Every year, Trustees are required to report on the status of the Trust Fund. Here is the latest Medicare Trustee's Report July 2014.
  • Airline ticket taxation. Ever wonder how much it is? Th House passed a bill to allow airlines to show it. [NDAC Comment: Airlines did NOT need this "permission". Any seller SHOULD always show taxes attached to purchases. Especially fuel. If taxation on fuel showed at the pump, you'd be screaming mad! And you'd begin to take some action. And that airline ticket, show the fuel tax on it as well as all the other government burdens on your ticket cost.]
  • Many complain that government is in the way, doesn't help, and adds cost. Here is a great example, and a great success story ... at the state level.
  • Xm-Im Bank, the Export-Import Bank is a taxpayer subsidized government agency to support companies in the export import business. But there is a catch.
  • Your communications provider may not like this FCC Auction rules waiver. Example of corruption.
  • SNAP, overpaid $2 Billion in benefits, using money taken from taxpayers. You are a taxpayer, it's your money. [NDAC comment: do you think you don't pay federal income tax? If you ever bought anything, you paid embedded taxes on the companies that made that thing and delivered it to a place where you could get it. See http://federalbudget.com/corpwelfare.html]
  • Corporations moving to Europe and elsewhere to avoid U.S. corporate taxation. U.S. is highest in the world.
  • "This year's budget deficit will be the smallest since 2008". Any deficit increases the National Debt. $492 Billion. What's your share? Your kids will pay.
  • China's Yuan a growing force in global finance. And the U.S. Dollar is losing value.
  • $100 Billion improper federal payments, your money!! To ... you read it. And it has a great chart to help explain. Total waste, not recoverable.
  • $3.7 billion for what!!! Your money to help illegal aliens get into the country!!
  • You will have to pay for someone else's lawyer. And you can't refuse.
  • U.S. Dollar will no longer be the desired standard international currency. BRICs, "de-dollarization" of the world, is in full swing. [Russia, China, South Korea, others now using other currency for trade. Dollar value dropping. Does U.S. need to go back to a gold standard?]
  • Corporate taxation in U.S. is way highest in the world. You pay. But many corporations are making business decisions to cut your costs of their product. Here is a brief discussion. And this is a direct result of Washington's anti-capitalist "mentality".
  • Under "my plan of a cap-and-trade system, electricity rates would necessarily skyrocket." States are fighting back, because is worse than expected. [The quote is from President Obama.]
  • Your IRS at work. You pay them to take your money. Special Short Report.
  • [NDAC Comment: The drama of taxation includes the hypocritical act of folks who shout loudest for more taxation especially on "rich" folks, seem to be the same folks who do the most to avoid being taxed.] Here is one very public example.
  • Federal Tax revenue record! But federal government still running a deficit, $436 Billion so far this FY!
  • The "non-compliance tax" will hit at least four million Americans, according to the Congressional Budget Office. [NDAC comment: this article is from Americans for Tax Reform.]
  • This is a major taxpayer ripoff! And it's the VA ... the same VA that is not treating our veterans very well.
  • $2 Billion; that's what the wave of illegal aliens will cost taxpayers this year. They are not immigrants, they are alien invaders and they cost us.
  • What happened at ConnectMEX? It is funded by U.S. Taxpayers. Big money! and instruction how Mexico can get it.
  • The ACA, a tax law, is having a bad affect on hospitals. Most of the problem is Medicare payments.
  • Here is an example of using tax law to control business behavior, not for tax revenue. I.R.S. bars employers from dumping workers into health exchanges. [NDAC comment: businesses should operate on business principles and sound business management practices. Not healthcare provision.]
  • Is your U.S. Dollar about to fail? Check this IMF bailout using New World Currency (NWC).
  • U.S. Representative Van Hollen wants more U.S. debt. He calls for a Federal Green Bank starting with $50 Billion in new debt. Taxpayers will pay for it. You are a taxpayer.
  • Are we going to get a refund for all the money taken from us (taxation) to build the failed healthcare web sites? One nominee for head of HHS says we should.
  • A whole new form of federal taxation. And it's scary! Check it out?
  • 74,000 pages in the latest version of the Federal Tax Code. It takes that many pages to spell out the subsidies, loopholes, and regulations.
  • Annual deficits will rise to "unsustainable levels", according to Federal Reserve Chairwomen Janet Yellen. [NDAC comment: Please note that the Federal Reserve Bank (FRB) is a commercial bank. The U.S. does not have a government bank. It uses the FRB as a contracted bank. The Chair of this bank is appointed/approved by the President/Senate.]
  • How about a global IRS? Some "rich intellectuals" are fighting for it, to fight "income inequality". Taxation to take from the successful and give to the not successful.
  • Rogue IRS, taxation gone wild. No evidence, no suggestion of wrongdoing, only "conceivably could be".
  • Administrative costs imposed on the medical profession have pushed up the cost of medicine, more than any other aspect.
  • More IRS troubles. Just keep learning about the IRS. [NDAC comment: we need a new tax system that does not include the IRS].
  • U.S. Tressury Department sends a warning letter to Congress. Remember that debt ceiling thing? It's coming back.
  • A new world tax regime ... and you will pay. Pay attention, this is more than you may realize.
  • Tax Dollars at work, your dollars. AG Holder explains it.
  • Taxation, 86 million full time workers support 148 million takers.
  • Review of tax legislation pending in Congress. Do they affect you?
  • Government suspends controversial program to recover money from adult children of dead taxpayers. [Keyword: "suspend"]
  • Tax refunds on fraudulent claims, $4Billion in FY2013. [NDAC comment: get rid of the IRS, pass the the Fair Tax Act.]
  • How safe are your U.S. Dollars? It is being attacked.
  • The U.S. State Department misplaced $6Billion, while the worlds smartest woman was in charge.
  • Here is a novel way to spend taxpayer money.
  • Did you ever wonder how your money is used by welfare recipients? Here is a short report video.
  • The ACA tax penalty, how to avoid it. It's called the Liberty Tax. The article explains some of the simple details.
  • Another tax component of FATCA could destabilize banks and spark more economic crisis. Be prepared, study this and other related articles.
  • Debt Limit? Will the "no limit" condition continue? Or is it "bye bye" to the debt limitation?
  • Some thoughts about President Obama's FY2015Budget Proposal, by a budget analyst.
  • Check out this proposed new tax. IRS would start assessing taxes on capital gains as if they increased value to a company as ordinary income. Small businesses would be ruined. And follow the article's links.
  • President's Budget for FY2015 call for $1 Trillion TAX HIKE! [NDAC notice: you can download a copy of the budget via a link found in the links section of the home page of this web site, near the bottom of the page.]
  • Federal Budget Gimmicks appear to pay for new policies, but increase the debt. The linked report is great reading, lots of excellent charts.
  • CBO comments about CBO. Are their reports understandable? The current issue is the affect of increasing the minimum wage; If a small business has a typical profit margin of 8%, and labor is its primary cost, increasing the labor cost from $7.25 to $10.10 per hour will probably wipe out the profit ... and the small business. Consider a fast food small business, or a car repair shop (ex: quick oil change business).
  • Improper welfare payments, $100 Billion! But, wait, there's more, much more, check out this great compilation, it's your money.
  • Buying and selling U.S. Debt is big business. Here is a report about China selling off large amount of U.S. Debt. To whom, you might ask. The report explains.
  • Tax money, your money, a new huge waste is now becoming evident and being reported.
  • The IRS, information you may be interested in. divulging your personal information to public scrutiny.
  • A major government conspiracy is discovered! And a Congressional investigation is opened: Treasury Department, IRS and HHS conspired to create and unauthorized entitlement, $500 million worth of your money!
  • Treasury, IRS, and HHS officials simply rewrote the law [the ACA] to create a new, unauthorized entitlement program whose cost "may exceed $500 billion dollars over 10 years." [NDAC note: the ACA has not been amended in any way. It stands as signed into law. If you act in accordance with any of the executive fixes, you may be violating the law.]
  • Another shocking announcement from the non-party Congressional Budget Office (CBO); the ACA will cost more than $ 2 Trillion. It would be cheaper to just pay the doctor/hospital as needed!
  • Many taxes (especially federal taxes) an not called "tax". Some are built into other federal programs. Here is a great example.
  • Some explanation of where the Farm Bill money goes. The money comes from YOU! It's tax money, being spent on .... well, not on farming.
  • A massive spending bill, nearly $1 Trillion, passed the House! Farm Bill, and it has lots of traps!
  • Income equality, part of the ACA. It's par ot the "health law's new angle".
  • More planning for for retiring baby boomers required. Here is an explanation of surprises in the tax plan.
  • Do some planning for your 2014 taxes, you need to start now. More opportunities for deductions and subsidies and higher taxes.
  • We Will Be Told Hyperinflation Is Necessary, Proper, Patriotic & Ethical, , but there is adverse history to refute it.
  • This is how federal programs work. A great example that illustrates our government in action.
  • $9 Billion cut in food stamp program? NOT! It's only a shift. Read the small print and learn where it's going.
  • The 50 years War On Poverty; are we winning? How much has it cost us? How much of that went to folks in poverty? Not much, most went to the bureaucrats running the program. It's your money.
  • Here is a false headline: Congress faces key budget issues next week. Not true, they are funding issues. The two-year budget was passed last month and President Obama signed it. What Congress faces is an appropriations issue (funding). The budget is just that, a budget; just like what you do to plan ahead for your spending. Funding that plan is separate, for you and for Congress.
  • In 2013, government regulations cost us $447 Million PER DAY!!! There are only 300 million people living here. What's your share per day?
  • Why are government programs so wasteful? Here is a great explanation.
  • $500 Billion! That's the cost of new regulations since 2008, according to this report by The American Action Forum. Why, business compliance costs, which are included in the price of products.
  • A huge new tax, and a huge new political agenda to make it happen.
  • Most government fraud and waste in 2013 was Department of Health and Human Services; next was Treasury Department's IRS!
  • Are your savings safe? This report may make you think about it.
  • You, taxpayer, spent $6.2 Billion in food stamp overpayments in just 2013!
  • 2014: many tax breaks are expiring. Here's a summary, will your taxes go up? Affects many individuals and businesses.
  • [Director's note: The above items are posted because these new laws and regulations impact our budget and debt more than any previous laws. But also, because that affect YOU personally. Ex: Energy cost increases when government regulations impose heavy controls on energy generation.]

    Congress and the Administration are spending and taxing so fast that your children and grandchildren and their children will be taxed so much that they will never enjoy the lifestyle you did.

    go to National Debt Awareness Center web site.