Meet Ed Markey, presently an elected member of the U.S. House of Representatives from Massachusetts and the front-running candidate in that state’s special election to fill the U.S. Senate seat left vacant by John Kerry’s move to become the U.S. Secretary of State: The Daily Caller captured the key comment in Markey’s debate with...
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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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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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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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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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Do you really want to know just how screwed up the federal government’s priorities are? We have a great example from the four-day holiday that many government workers enjoyed during this week’s Memorial Day holiday weekend. We are informed by the media that approximately 5% of all federal workers were furloughed without pay from...
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Did you know that the top-level bureaucrats who are doing the most to increase the negative impact of federal government spending cuts to the American people are in line to get big bonuses this year? Lindsay Wise of the McClatchy News Service reports: An elite group of federal employees is set to receive cash...
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On this Sunday, May 19, 2013, the U.S. federal government will metaphorically max out its credit card. Jeffrey Sparshott of the Wall Street Journal‘s Real Time Economics blog reports: The U.S. government will bump up against the federal debt limit this weekend, though a series of emergency steps will allow it to continue paying...
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Has the U.S. government become too vast for the President to be accountable for the misconduct of its bureaucrats? Believe it or not, that’s the argument being advanced by President Obama’s former campaign manager David Axelrod for the purpose of defending the President in the abuse of power scandals now engulfing his administration. Politico...
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There’s a long-standing joke among politicians, which kind of goes along the following line: “You had better not threaten my power, or else I’ll set the IRS on you!” Even President Obama has told a version of this joke: Unfortunately, the people and managers who staff the bureaucracy of the Internal Revenue Service (IRS),...
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