In recent years the Internal Revenue Service has been targeting groups for extra scrutiny and abuse based on their political views favoring limited government, lower taxes and accountability. According to the President of the United States “there were some boneheaded decisions,” but “not even a smidgen of corruption” was involved. As we noted, IRS…
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John Mauldin is an investment advisor who often explores the big picture on economic matters in his thought-provoking weekly columns. In his March 30, 2016 column, he weighs a what if scenario: What will the next recession mean for the state of the U.S. federal government’s finances? He starts by describing the U.S. government’s…
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California is hiking the minimum wage to $15 an hour by 2022, and governor Jerry Brown is hailing the boost as a matter of “economic justice.” As Dan Walters of the Sacramento Bee recalls, Brown had previously resisted this move and argued for a hike to $13 an hour. But then, “Brown not only…
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Shirley Hufstedler, the nation’s first federal Education Secretary, has passed away at 90. That news might surprise some, and not just the younger set, who imagined that the first federal education secretary appeared way back in 1776. There wasn’t one, because the Constitution gives states, not the federal government, domain over education. Under these…
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Last month, the Congressional Budget Office released a report examining the state of the subsidies that would be paid out to people who purchased health insurance through the government’s Affordable Care Act exchanges in each state over the years from 2016 through 2026. CBO reports typically make for some pretty dry reading, so we’re…
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As we noted, California State Auditor Elaine Howle has been riding herd on Caltrans for shoddy maintenance practices that promote waste, fraud and abuse. Now the auditor turns attention to the University of California in a new report charging that UC admissions and financial decisions have disadvantaged California’s own resident students. Over the past…
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