Archive for June, 2013

How Much Will Obamacare Cost?

Thursday June 13th, 2013   •   Posted by Craig Eyermann at 6:13am PDT   •   8 Comments

We now have more information about how affordable health insurance will be once Obamacare rolls out. CNN reports on the costs of the “Silver” middle-tier coverage plan that will be available in California in 2014: States are starting to roll out details about the exchanges, providing a look at just how affordable coverage under...
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More Government Anti-Gun Zealotry

Wednesday June 12th, 2013   •   Posted by K. Lloyd Billingsley at 8:48am PDT   •   1 Comment

The California senate has approved seven new bills dealing with firearms. SB 47 bans so-called “bullet buttons” allegedly used, according to one report, “to get around existing laws banning detachable magazines.” SB 374 bans detachable magazines in rifles and SB 396 prohibits possession of magazines that hold more than 10 rounds of ammunition. SB...
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Lay Your Burden Down: Proposition 13 Revisited

Monday June 10th, 2013   •   Posted by K. Lloyd Billingsley at 10:25am PDT   •   1 Comment

In California between 1974 and 1978 property taxes increased 120 percent and people worried they might lose their homes. Enter Proposition 13, which amended the state’s constitution to limit the growth of property taxes—appropriately enough, as 35 years ago the state was running a budget surplus. The measure capped property tax rates for residential...
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Ranking Your State’s Debt

Saturday June 8th, 2013   •   Posted by Craig Eyermann at 7:34am PDT   •   3 Comments

How much debt is your state government adding to your total debt burden? While the MyGovCost calculator can help you find out how the U.S. federal government is adding to your debt burden, it doesn’t take into account any of the borrowing that your state might be doing. That’s why we found the following...
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‘A Long Hot Summer: The IRS and the Targeting of Conservative Groups and Beyond

Thursday June 6th, 2013   •   Posted by Cherylyn LeBon at 5:29pm PDT   •   4 Comments

After this week’s Congressional hearings, the IRS will face more scrutiny than the original allegations of targeting conservative groups. The hearing led to a deeper probing of the wasteful spending within the IRS and opened up an inquiry into the IRS agents themselves. On Tuesday, Kevin Kookogey, founder of Linchpins of Liberty, an organization...
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Government Fast and Furious Against Whistleblowers

Thursday June 6th, 2013   •   Posted by K. Lloyd Billingsley at 8:43am PDT   •   1 Comment

The federal government is not short on scandal these days. The IRS has been cracking down on groups who want to make the country better, or monitor government spending. The Attorney General is going after news reporters and the Benghazi cover-up endures. In such an atmosphere embattled Americans should not forget another scandal that...
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30-34 Hour Work Weeks Going Bye-Bye

Wednesday June 5th, 2013   •   Posted by Craig Eyermann at 6:33am PDT   •   4 Comments

Say what you will, governments do one thing really well: create perverse incentives! Today’s example is provided by the Patient Protection and Affordable Care Act (a.k.a. “Obamacare”), which sets up a really perverse incentive for the employers of part time workers: it sends the cost of having an employee work their 30th hour in...
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Collected and Wasted: The IRS Spending Culture and Conference Abuses

Tuesday June 4th, 2013   •   Posted by Mary Theroux at 7:08am PDT   •   1 Comment

Just in case anyone is thinking that it’s OK the IRS abuses its power because, after all, we need to fund the government and all the important functions its serves, you might be interested in the following. On Thursday, June 6, there will be a hearing entitled “Collected and Wasted: The IRS Spending Culture...
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Government High-Speed Spending Always on Track

Monday June 3rd, 2013   •   Posted by K. Lloyd Billingsley at 9:18am PDT   •   2 Comments

“I’m not going to sit here and promise that there will not be cost growth.” That was Dan Richard, chairman of California’s high-speed rail authority, at a May 28 congressional hearing at Madera in California’s central valley. Richard’s non-promise was in vain because as rail subcommittee chairman Jeff Denham noted, enormous cost growth is...
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Forecasting the Future

Sunday June 2nd, 2013   •   Posted by Craig Eyermann at 3:46pm PDT   •   2 Comments

Every year, the White House’s Office of Management and Budget (a.k.a. “the OMB”) puts together the President’s budget proposal for the U.S. federal government. Those proposals include forecasts of the amount of revenue and spending the U.S. government will have for the next five years into the future. So how good is the OMB...
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