Read More »"/> Read More »"/> 2014 | MyGovCost | Government Cost Calculator - Part 13

Archive for 2014

California Recovery Legend Ignores Debt of $340 Billion


Thursday June 5th, 2014   •   Posted by K. Lloyd Billingsley at 7:00am PDT   •   1 Comment

For some months now the story has been going around that California is experiencing an economic turnaround. As Ben Boychuk noted in City Journal California, the story “describes a state emerging from a decade of fiscal darkness to reclaim its place as an innovative, diverse, entrepreneurial haven.” The tale may be compelling but remains…
Read More »

California’s $500 Million Overstaffing Scandal


Tuesday June 3rd, 2014   •   Posted by K. Lloyd Billingsley at 8:43am PDT   •   1 Comment

The new eastern span of the Bay Bridge cost $6.4 billion, $5 billion more than the original estimate, and came in ten years late. Despite the long delay serious safety issues remain. These prompted Caltrans geologist Michael Moore to call for a “criminal investigation,” but that never took place. Instead state senator Mark De…
Read More »

How “Smarter” Government Actually Works


Sunday June 1st, 2014   •   Posted by Craig Eyermann at 2:13pm PDT   •   0 Comments

Last summer, on July 8, 2013, President Obama reported on how well his initiative to use technology, and specifically, information technology, to improve the performance of federal government agencies was coming along. Let’s flash forward to May 28, 2014, nearly a year later, to a little noticed GAO report that documents how effectively the…
Read More »

VA Bosses Bagged Bonuses


Friday May 30th, 2014   •   Posted by K. Lloyd Billingsley at 8:30am PDT   •   0 Comments

As we recently noted, the Veterans Administration has been cooking the books and falsifying information about wait times. According to CNN, at least 40 veterans died while awaiting treatment at the VA facility in Phoenix. President Obama says he’s angry over the situation but he has not fired VA boss Eric Shinseki. Now, as…
Read More »

The Tip of the Government Health Care Iceberg


Thursday May 29th, 2014   •   Posted by Craig Eyermann at 6:37am PDT   •   2 Comments

Some excerpts from the Office of the Inspector General’s report on the Department of Veterans Affairs’ bureaucrat-led fraud of the real conditions at Phoenix’s VA hospital and a number of other VA facilities, the first of many we will be hearing in the news. We’ll present the results in a Q&A style format: How…
Read More »

The BOE Bottomless Money Pit


Wednesday May 28th, 2014   •   Posted by K. Lloyd Billingsley at 7:15am PDT   •   3 Comments

Jon Ortiz of the Sacramento Bee has dubbed the State Board of Equalization (BOE) headquarters in the state capitol as a “Terror Tower,” with good reason. Since the 24-story office building opened 21 years ago, taxpayers have “shoveled about $60 million into combating defects that have plagued the tower, including invasive mold, leaking windows,…
Read More »

The President’s $17 Billion Helicopter Fleet


Monday May 26th, 2014   •   Posted by K. Lloyd Billingsley at 7:13am PDT   •   1 Comment

Taxpayers calculating the cost of government should remain on full alert for waste on all fronts, but particularly in the military. Consider, for example, this story in the Daily Beast about the new fleet of presidential helicopters. These will be “the most expensive helicopters ever made,” with each one logging in at $400 million,…
Read More »

Two Years Until the Social Security Disability Trust Fund Is Empty


Friday May 23rd, 2014   •   Posted by Craig Eyermann at 11:07pm PDT   •   3 Comments

The trust fund in question is Social Security’s Disability Insurance (SSDI) trust fund, which is set to be fully depleted sometime in 2016. Brianna Ehley of the Fiscal Times has the details on the fund that provides up to 20% of the money paid to recipients of Social Security disability benefits: According to the…
Read More »

Taxpayers Subsidize Killer VA Health System


Wednesday May 21st, 2014   •   Posted by K. Lloyd Billingsley at 7:05am PDT   •   1 Comment

According to the official government website, “The President’s vision for the Department of Veterans Affairs (VA) is to transform VA into a 21st Century organization that is Veteran-centric, results-driven, and forward-looking.” So no surprise that “the President’s 2015 Budget includes $163.9 billion for VA in 2015. This includes $68.3 billion in discretionary resources and…
Read More »

USPS Still Losing After All These Years


Monday May 19th, 2014   •   Posted by K. Lloyd Billingsley at 7:04am PDT   •   3 Comments

As Josh Hicks reports in the Washington Post, the U.S. Postal Service lost $1.9 billion in the second quarter, and the losses come despite increases in revenues, higher prices for stamps, and a boost in USPS package shipping. The losses, Hicks notes, mark “the 20th time in the last 22 quarters in which the…
Read More »

Facebook Twitter Youtube

Search MyGovCost