WATCH: Expert says U.S. budget has only been balanced 5 times in 50 years

Thomas Schatz, president of Citizens Against Government Waste, testified before Congress this week about the need for financial reform in the government.

“The budget has only been balanced five times in the last 50 years,” Schatz told lawmakers. “Think about that. If your family had only balanced your budget five times in 50 years, you’re pretty much broke, and however it gets done, something needs to be done.”

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Waukesha County Business Alliance happy proposed sales tax is dead

(The Center Square) – Waukesha County’s proposed sales tax...

Overdose deaths climbed 15% in Spokane last year as 2025 starts worse than 2024

(The Center Square) – While overdose deaths increased by...

Republican lawmakers from same Tennessee county spar over immigration bill

(The Center Square) – An amendment that would have...

WATCH: Shapiro lays out spending priorities for Pennsylvania

(The Center Square) – During Gov. Josh Shapiro's third...

Ohio’s 2026 election season already heating up

(The Center Square) – Just months after the last...

Robinson drops CNN defamation lawsuit, says no plans to run again

(The Center Square) – Mark Robinson, who bid to...

Report: New York’s zero-emission school bus mandate to cost $9B

(The Center Square) — New York's public schools are...

More like this
Related

Waukesha County Business Alliance happy proposed sales tax is dead

(The Center Square) – Waukesha County’s proposed sales tax...

Overdose deaths climbed 15% in Spokane last year as 2025 starts worse than 2024

(The Center Square) – While overdose deaths increased by...

Republican lawmakers from same Tennessee county spar over immigration bill

(The Center Square) – An amendment that would have...

WATCH: Shapiro lays out spending priorities for Pennsylvania

(The Center Square) – During Gov. Josh Shapiro's third...