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Archive for December, 2017

The New Path to a Balanced Budget

Sunday December 31st, 2017   •   Posted by Craig Eyermann at 7:34am PST   •   0 Comments

Following the passage of the Tax Cuts and Jobs Act of 2017, what would it take for the U.S. Congress to put the U.S. government’s spending on a course to zero out the U.S. government’s budget deficit by 2027? That question is more of a thought experiment than something that we think is likely…
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Government Trickle-Down Trickery

Friday December 22nd, 2017   •   Posted by K. Lloyd Billingsley at 11:49am PST   •   0 Comments

The Republicans’ victorious tax bill lowers the corporate rate from 35 to 21 percent but is nothing approaching a flat tax because it retains, count ‘em, seven tax brackets. According to the New York Times it will cut taxes for about 75 percent of filers in 2018, but nobody should consider it a gift….
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Federal Government Shutdown Theater Christmas Pageant

Friday December 22nd, 2017   •   Posted by Craig Eyermann at 6:50am PST   •   0 Comments

It’s back! It was just two weeks ago that the U.S. Congress delayed a scheduled presentation of federal government shutdown theater until the holidays, and now that the holidays have come, the U.S. Congress has… delayed what could have been a Christmas pageant episode of federal government shutdown theater for another month. Mike DeBonis…
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Bureaucrats Behaving Badly Inside Interior Department

Wednesday December 20th, 2017   •   Posted by Craig Eyermann at 6:14am PST   •   0 Comments

The U.S. Department of the Interior (DOI), whose mission is to “protect and manage the Nation’s natural resources and cultural heritage”, employs over 70,000 bureaucrats and spends over $12 billion per year. According to a recent ABC News report, the federal government department has a problem with a number of its managers creating a…
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Government Traintanic Still Insolvent and Unsafe at Any Speed

Tuesday December 19th, 2017   •   Posted by K. Lloyd Billingsley at 8:21am PST   •   0 Comments

On Monday December 18, the Amtrak Cascades 501 headed out on its inaugural trip on a new route in Washington state when it ran off the tracks near DuPont, sending 13 cars into traffic on busy Interstate 5 below. The train carried 86 people and at this writing at least three are dead and…
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A Senator’s Search for UFOs with Taxpayer Money

Monday December 18th, 2017   •   Posted by Craig Eyermann at 6:28am PST   •   0 Comments

At one time, Senator Harry Reid of Nevada was one of the most powerful members of the U.S. Congress, if not its most powerful member. He retired after a 30-year career at the end of 2016. Nearly a year later, his name has come back into the news because of the uncovering of a…
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FBI is not FYI

Friday December 15th, 2017   •   Posted by K. Lloyd Billingsley at 11:02am PST   •   0 Comments

Elected representatives of the people have been investigating unlawful surveillance of American citizens through the FISA court. When representatives posed questions to FBI boss Christopher Wray he told them, “I’m not prepared to discuss what happened in the court,” though he obviously knew the answer. Instead of answering questions, Wray offered boilerplate praise for…
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Congress Strikes a Tax Deal

Thursday December 14th, 2017   •   Posted by Craig Eyermann at 6:33am PST   •   0 Comments

The U.S. Congress has announced that it has resolved the differences between the House and Senate versions of a tax cut bill, where both houses will soon vote on the final version. The New York Times reports: Party leaders in the House and Senate agreed in principle to bridge the yawning gaps between their…
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Tuesday December 12th, 2017   •   Posted by K. Lloyd Billingsley at 8:54am PST   •   0 Comments

As California politicians complain about the lack of affordable housing, a new state study claims the California Environmental Quality Act (CEQA), as a Los Angeles Times report put it, “doesn’t block development from actually happening.” A working family looking for affordable housing in California should have more than a reasonable doubt. The claim that…
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Jerry Brown Claims California Wildfires Are “The New Normal.”

Monday December 11th, 2017   •   Posted by K. Lloyd Billingsley at 11:56am PST   •   0 Comments

As fires rage in southern California, driving nearly 90,000 people from their homes, recurring governor Jerry Brown explains that that because of climate change such fires could be “the new normal” and “this could be something that happens every year or every few years.” As usual, the governor ignores a key back story. The…
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