expenses

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Most Americans Can't Afford the American Dream
Cost of the American Dream:
$3.4M
NEW ANALYSIS
Dec 12, 2023 2:24 PM CST

Cost of the American Dream: $3.4M

Investopedia analysis suggests it's out of reach for many Americans

(Newser) - From getting married, to having kids, to saving for retirement, the American dream is increasingly out of reach—costing about $3.4 million over the course of a lifetime, or double the median lifetime earnings of the typical US worker, according to a new analysis. Financial site Investopedia calculated the...

Citibank Fires Analyst Over His Deceptive Lunch

Szabolcs Fekete treats his partner, lies about it, loses lawsuit claiming unjust firing

(Newser) - A Citibank analyst who investigated financial fraud has lost his job over his own financial fraud—though it was surprisingly small-scale stuff. It seems that Szabolcs Fekete of London went to Amsterdam on a work trip and treated his partner to lunch on the company dime, reports the BBC . When...

Records Show Bolsonaro Charged Up a Storm on Corporate Card

Newly released credit card bills for Brazil's ex-leader show he really seems to love ice cream

(Newser) - While Jair Bolsonaro is living his new best life in the Sunshine State, news has emerged that shows he appears to have lived his old best life on the Brazilian government's dime. His official credit card expenditures while he was president of the South American nation were released Friday,...

Survey: Most Calif. Disney Workers Can't Afford Living Expenses

73% of Disneyland workers don't make enough to cover rent, food; Disney calls survey 'inaccurate'

(Newser) - Disneyland may be deemed the "Happiest Place on Earth," but that joy apparently dissipates for the majority of employees when they leave the park and have to come up with rent in the real world. The Los Angeles Times points out that even though the Walt Disney Co....

The 5 Most Expensive Places to Raise a Family

That's some pricey living, Eastern Seaboard

(Newser) - Want to be able to provide for your family of four? Move west. At least that seems to be the lesson of MarketWatch 's list of the 10 most expensive places to raise a family. MarketWatch came up with the list by looking at data from the Economic Policy...

Report: Raising Today's Child Tops $245K

Agriculture Dept: Costs are up 1.8% over previous year

(Newser) - A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult, with families living in the Northeast taking on a greater burden, according to a report out today. Those costs—food, housing, childcare, and education—rose 1.8%...

Al-Qaeda's Mundane Life Revealed via Receipts

Terrorist group likes meat and tomatoes, spends a lot at hardware stores

(Newser) - Even terrorists have to get the car fixed, and the AP takes a look at al-Qaeda's mundane day-to-day via some 100 receipts and invoices found in a Timbuktu building occupied by its North African branch. Turns out the terrorist group keeps close tabs on its dollars and cents. Some...

Boehner Gets $2K a Month for 'Expenses'

He's the only member of the House getting a monthly check

(Newser) - Apparently, being speaker of the house is an expensive gig, because John Boehner is getting a $2,083.33 check to cover unspecified expenses every month—up from the $833 he received as minority leader, Roll Call reports. The figure is exactly the same every month, so it doesn’t...

British Lord Guilty of Expenses Scam

Peer faces jail time for fake travel expenses

(Newser) - A member of Britain's House of Lords could be facing time in the jailhouse for fiddling his expenses to swindle taxpayers out of $18,000. A jury found Lord Taylor of Warwick—who lied about having a residence outside of London in order to claim travel expenses—guilty of false...

Congress Spends $1B on Own Expenses
Congress Spends $1B on Own Expenses
Jul 21, 2010 12:48 PM CDT

Congress Spends $1B on Own Expenses

Taxpayers pay for coffee, plane tickets, oh, and drapes

(Newser) - Congress spends a whole lot of taxpayer money keeping itself stocked with paperclips. According to figures assembled by the nonpartisan Sunlight Foundation, Congress spent $1,013,162,955 on its own expenses from June 2009 to March 2010. Aol News pored over the findings, and pulled out some choice expenditures....

Steele's Other Expenses Come Under Fire

RNC staffer fired over bondage club visit on party's tab

(Newser) - The RNC staffer who ensured donor Erik Brown was reimbursed for footing the tab for a visit to a bondage-theme club has been fired, but the controversy is just beginning for Michael Steele. Non-bondage related expenses recently disclosed by the RNC include lavish spending on private jets ($17,000 in...

For Owners, Horse Racing a Sure Bet (to Lose)

The ponies are a labor of love with small stakes, high costs

(Newser) - Thoroughbred racehorses aren’t cheap to buy—and then you have to house them, feed them, pay the vet, the trainer, the jockey, etc. And if you actually intend to make money, they have to win. And even then, since most horses never make the elite high-stakes races, owners have...

House to Post Expenses Online
 House to Post Expenses Online 
Jun 4, 2009 1:21 AM CDT

House to Post Expenses Online

Pelosi orders info on lawmakers' spending be made easier to access

(Newser) - The House is planning to put lists of lawmakers' expenses online in an effort to share more information with the public, the Wall Street Journal reports. The move, announced by House Speaker Nancy Pelosi yesterday, will give taxpayers easy access to details on lawmakers' expenses, which run up to $1....

UK Home Secretary to Resign Amidst Expense Scandal

(Newser) - UK Home Secretary Jacqui Smith will resign her post, the Times of London reports, in an effort to hang onto her seat in parliament despite the expense scandal swirling around her. Smith has been badly embarrassed by revelations that she had charged taxpayers for her family home, several digital cameras,...

UK Expenses Scandal Hits Alistair Darling

Govt's No. 2 claimed 2 houses at same time, may be demoted

(Newser) - Britain's ongoing political expenses scandal reached all the way to the second-highest post in government today, after the Telegraph broke news that Chancellor Alistair Darling reportedly expensed the service charge on a South London apartment he was renting out while also claiming allowances on his Downing Street house. Though he...

US Taxpayers, Too, Billed for Lawmakers' Cars, Cameras

Taxpayer groups criticize Congress for making expense info hard to get hold of

(Newser) - No moat-cleaning, but there were cameras, TVs, and fancy cars among the expenses members of Congress have charged to taxpayers recently, a Wall Street Journal investigation inspired by the British expenses scandal finds. House members are given up to $1.9 million a year and senators get up to $4....

British MP Billed Taxpayers for 'Servants' Wing'

Tory then sold house and evaded capital gains tax

(Newser) - Just when the scandal over British MPs' expenses seemed to be petering out comes news that a Conservative legislator charged taxpayers $27,000 to build servants' quarters at his second home, the Times of London reports. Sir John Butterfill told the BBC the suggestion he had servants was a "...

Brown to Purge Cabinet After Expenses Flap

Scandal-hit ministers face axe as PM plans government overhaul

(Newser) - Gordon Brown has been dropping hints of a major reshuffle and possible constitutional reform as the crisis over British MPs' expenses continues. The Telegraph alleged today that two ministers fiddled with the rules to avoid paying capital gains tax after selling their homes. The PM is said to be preparing...

US Journo Exposed UK Expense Scandal

Freelancer's Freedom of Information Act query lifted lid on abuse of system

(Newser) - The scandal shaking Britain's Parliament to its core was set in motion by a simple request from a freelance American writer, the New York Times reports. Heather Brooke submitted a query about politicians' expenses under Britain's Freedom of Information Act after it came into effect, only to meet years of...

UK Expenses Scandal Claims House Speaker

House of Commons speaker Michael Martin steps down

(Newser) - The ongoing controversy surrounding British MPs' lavish expenses has claimed its biggest victim: the speaker of the House of Commons. Michael Martin, who presides over the country's main legislative body, will announce his resignation today after losing the support of party leaders, including Gordon Brown—not for cheating on his...

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