Archive for the ‘News’ Category

Congress Blocks Postal Reform


Tuesday April 16th, 2013   •   Posted by K. Lloyd Billingsley at 1:32pm PDT   •   5 Comments

The United States Postal Service (USPS) lost nearly $16 billion last year and has been attempting to cut costs by, among other measures, ending delivery of mail on Saturday. This simple, common-sense step has proved difficult and now Congress is backing off from its plan to end Saturday delivery, and it won’t let the...
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Free-spending Government Miracle Workers a Bust on Results


Wednesday August 1st, 2012   •   Posted by K. Lloyd Billingsley at 2:52pm PDT   •   2 Comments

The California Institute for Regenerative Medicine (CIRM) has awarded $53 million to the University of California at Davis for research into Huntington’s disease and other maladies. The state stem-cell agency has given a total of $126 million to UC Davis and handed out nearly $1 billion overall, without producing any cures or therapies. Created...
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MyGovCost Director Emily Skarbek in Star-Telegram: “Numbing Budget Numbers”


Wednesday February 23rd, 2011   •   Posted by Lindsay Boyd at 4:21pm PDT   •   0 Comments

One of the reasons federal spending has spiraled out of control in recent decades is that neither the public, nor the Congress, has any idea what the huge budget numbers really mean. Per capita income in the United States now stands at approximately $33,070. It’s higher in most urban areas. In the Dallas-Fort Worth...
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Independent Institute Senior Fellow Richard K. Vedder, a member of the Council of Economic Advisors for the Institute’s Government Cost Calculator, was interviewed by International PressTV on January 12th. In the interview, Dr. Vedder explains that President Obama has done nothing to rectify either the U.S. or international debt crisis. Indeed, under the Obama...
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Who Owns the U.S. National Debt?


Wednesday January 19th, 2011   •   Posted by Craig Eyermann at 5:49am PDT   •   6 Comments

The answer is illustrated below: The United States’ total public debt outstanding was approximately $13.562 trillion at the end of the government’s fiscal year on 30 September 2010. As of 4 January 2011, the United States’ total public debt outstanding exceeds 14 trillion dollars. Despite that near half-billion dollar increase, the percentage composition of...
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International PressTV Interviews Dr. Emily Skarbek on the U.S. Debt Crisis


Tuesday January 18th, 2011   •   Posted by Allison Gibbs at 3:33pm PDT   •   1 Comment

Dr. Emily Skarbek, director of the Government Cost Calculator at the Independent Institute, was interviewed by International PressTV on Friday, January 14th. Listen to Emily as she explains the government’s three options on this gigantic debt crisis: pay the debt, maintain it, or repudiate it. The article and video can be viewed here.

Dr. Emily Skarbek: “Government’s Obesity Crisis”


Tuesday January 18th, 2011   •   Posted by Allison Gibbs at 1:40pm PDT   •   0 Comments

In this new article on the continual spending and stretching of the budget, Dr. Emily Skarbek explains the temptations for the new Congress to spend wastefully and heighten the debt ceiling. Equating Congress and the ever-expanding budget to over-eaters, Dr. Skarbek says that small intervals of “another ten pounds” are causing an extreme obesity crisis...
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Dr. Emily Skarbek, director of the Government Cost Calculator at the Independent Institute, was interviewed by International PressTV on Friday, January 7th. Listen to Emily as she discusses how poor U.S. government policies create or exacerbate unemployment. The article and video can be viewed here.

Dear 112th Congress: Let Us Introduce You to the “Zero Deficit Line”


Wednesday December 29th, 2010   •   Posted by Lindsay Boyd at 4:26pm PDT   •   2 Comments

As many Americans prepare to face those well-intended, but oft-abandoned New Year’s resolutions, what changes in resolve should the new 112th Congress be targeting? We prepare to close the books on the 111th Congressional agenda, but now what? In this exclusive MyGovCost.org Policy Analysis, economist and creator of the Government Cost Calculator, Craig Eyermann,...
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MGC Director Emily Skarbek on KMED Radio with Bill Myer: Tax Cuts? Let’s Calculate


Thursday December 23rd, 2010   •   Posted by Lindsay Boyd at 10:51am PDT   •   1 Comment

MyGovCost Director Emily Skarbek was a guest on KMED Radio with Bill Myer on Friday, December 17th to discuss the potential financial fall-outs from the latest tax-cut legislation and the importance of personalizing these policies for a clearer understanding of our fiscal conditions. FoxNews is reporting that the latest legislation has produced more favorable...
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