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13M get unexpected tax bill from Obama tax credit

Audit: 13 million taxpayers get unexpected tax bill from Obama’s Making Work Pay tax credit About 13.4 million taxpayers may be getting unexpected tax bills because they were awarded too much money under President Barack Obama’s Making Work Pay tax credit, a government audit said Thursday. The tax credit, which…

It’s official: Ron Paul to lead House Federal Reserve oversight

Iconoclastic Texas Republican defends WikiLeaks again, says US response ‘an example of killing the messenger’ The greatest critic of fiat currency perhaps anywhere in the world is about to take control of a congressional panel that would conduct oversight on the US Federal Reserve bank. This could get interesting. After…

Billions in Afghanistan aid dollars unaccounted for: audit

WASHINGTON — Nearly 18 billion dollars earmarked for reconstruction in Afghanistan remain unaccounted for, snagged in a “labyrinth” of contract bureaucracy, a sweeping US government audit has shown. The Special Inspector General for Afghanistan Reconstruction (SIGAR) said 17.7 billion dollars was obligated over three years to nearly 7,000 contractors, but…

Plan to audit Federal Reserve appears poised to clear Senate

RELATED: Congressman Ron Paul (R-TX), founder of ‘Audit the Fed’ movement, insists amendment allows Fed to keep its secrets Following last-minute adjustments, a proposal to audit the Federal Reserve that the Obama administration once opposed was on the verge of passing the Senate as it attracted broad support from conservatives…

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