Taxpayer Money | featured news

Utah congressman wants to cut taxpayer-funded perks for ex-presidents, including George W. Bush.

Remember the furor over $16 muffins? That's nothing compared with the $100-plus per-person reception that featured 400 pieces of $4.75 "Petit Beef Wellington," 400 "Mini Monte Cristo Sandwiches" at $5 each and 1,000 sushi rolls for $7 apiece, as well as other "excessive and wasteful" spending at a General Services Administration conference in the Las Vegas area in 2010.

The Federal Housing Administration's cash reserves have dropped so low that there is a close to a 50 percent chance it could run out of funds and may require a taxpayer bailout next year, the Wall Street Journal said, citing an annual independent audit of the agency's finances.

The Obama administration engaged in a 'pattern' of approving loans that were not qualified to receive taxpayer money, says one Republican House chairman, calling the development as disturbing as the loss of millions of dollars given to bankrupt solar power company Solyndra.

Lyralisa Stevens, who was born male but lives as a female, had asked the state to pay for the removal of her male genitalia.A transgender California inmate has lost a legal bid for a sex-change operation at taxpayer expense.

That figure, projected through 2013, represents a worst-case scenario that assumes a double-dip recession, the Federal Housing Finance Agency says. The finance giants have so far received about $148 billion in taxpayer funds.

Two-thirds of the companies given taxpayer money from the job creation fund that Gov. Rick Perry has touted as a key reason for Texas' economic growth failed to meet their promises last year, a study released today finds.