Office of Management and Budget

Did Obama Buy Trouble Shopping for a Budget Chief at Walmart?

President Obama has nominated Walmart Foundation president Sylvia Matthews Burwell to be his new director of the Office of Management and Budget. The choice seems unlikely on its face, and a look into the details of her current job directing "targeted giving campaigns" makes it seem even odder.

Secretary of Scribble: Is Jack Lew About to Doodle on Your Dollars?

Because President Barack Obama intends to tap Jack Lew to replace Treasury Secretary Timothy F. Geithner, your money might soon start looking a little goofy. If confirmed to head the Treasury, Lew will get to add his unusually squiggly signature to all newly printed greenbacks.

Flawed Food Inspections Are Putting You at Risk

According to the Centers for Disease Control, food-borne illnesses sicken more than 15% of Americans every year, causing approximately 3,000 deaths and 128,000 hospitalizations -- and the numbers are getting worse. But how are these tainted foods getting past our food inspectors? You won't like the answer.

Surprise! Your Tax Burden Is Lighter Than You Think

With all the talk about taxes and whether we should lower them, you'd think that the citizens and corporations of the United States face steep tax rates. You'd be wrong, though. When it comes to taxes, things are not as they appear.

Uncle Sam Wants You. . .to Buy Treasury Bonds

The Treasury has to find buyers for trillions of dollars in new bonds needed to fund the federal deficit. It hopes average citizens will pony up and invest in some $337 billion worth. But for a host of reasons, "safe" T-bonds might not be a winning investment for you.

Hocus + Pocus = The 2012 Federal Budget Plan

Like all budgets, the federal government's spending plan is all about revenues and expenditures. Unfortunately, Uncle Sam is very good at grossly overestimating tax receipts and grossly underestimating spending. It's enough to make you wonder if any of it is real.