Many families keep a meticulous budget of their household finances. They track how much the working residents earn, where the dollars and cents are going, and what spending can be eliminated to improve the fiscal house. This type of thinking should be adopted by public officials, correct? Despite the perpetual handwringing about better financial management in Washington, nothing changes – and it remains to be seen if the Department of Government Efficiency (DOGE) can be America’s money savior.
$7 Trillion in Spending – But What Does It Buy?
The US government is poised to spend more than $7 trillion in fiscal year 2025. According to the Congressional Budget Office (CBO), federal outlays will exceed $10 trillion by 2033. The public is aware of the headline figures, such as $4 trillion in programs like Social Security and Medicare or $1 trillion in net interest payments. But what about the nitty-gritty? Nobody knows, says a new report.
The Government Accountability Office (GAO), a congressional research arm, recently published its annual Financial Report of the US government in collaboration with the Treasury Department and the Office of Management and Budget (OMB). The yearly overview of federal finances examines assets, costs, revenues, and sustainability by auditing financial statements.
It concluded that the federal government needs to combat “serious deficiencies” in fiscal management and return to a long-term sustainable fiscal path. The GAO highlighted four areas to address: “Serious financial management problems at the Department of Defense,” “Problems in accounting for transactions between federal agencies,” “Weaknesses in the process for preparing the statements,” and “Inadequate support for the cost of Small Business Administration and Department of Education loan programs.”
“The federal government has again come up short in managing its finances and achieving a clean audit due to challenges in adequately supporting its costs, revenues, assets and liabilities,” said US Comptroller General Gene Dodaro in a statement. “These serious financial management weaknesses and [the] unsustainable long term fiscal path further underscore the need for urgent attention, accountability, and transparency.” […]
— Read More: www.libertynation.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
