Randal Mills is stepping down as president of the California Institute for Regenerative Medicine, but that’s not the news. The $3 billion state stem-cell agency is running out of money and according to David Jensen of the California Stem Cell Report, founder Robert Klein “is talking about asking California voters for another $5 billion.”…
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The filing deadline has passed so taxpayers might take inventory of what government is doing with their money. By the April 28 order of U.S. District judge Jon Tigar, taxpayers will be paying for undergarments known as binders or compression tops that flatten the chest of transgender inmates at women’s prisons. Such inmates at…
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In case you missed it over the weekend, there’s big news from Washington D.C. regarding the U.S. government’s budget for the rest of its 2017 fiscal year – no federal government shutdown! Reuters reports: Negotiators in the U.S. Congress reached a deal late on Sunday on around $1 trillion in federal funding that would…
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Dainius Puras is professor of child psychiatry at Vilnius University in Lithuania, a Distinguished Visitor with the O’Neill Institute for National and Global Health Law at Georgetown University, and a “Special Rapporteur on the right of everyone to the enjoyment of the highest attainable standard of health,” with the United Nations. In that capacity,…
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President Trump’s new tax plan will cut seven tax brackets down to three, with rates of 10, 25 and 35 percent. The Trump plan also drops the top rate of taxation from 39.6 to 35 percent. The corporate income tax rate falls from 35 to 15 percent, and the estate tax is eliminated. Those…
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University of California President Janet Napolitano, the former Secretary of the U.S. Department of Homeland Security and also the former governor of the state of Arizona, appears to have been caught by California state auditors with her hand in the proverbial public tax dollar cookie jar. Writing at Coyote Blog, Warren Meyer, who runs…
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When we last checked in with the University of California they were spending $504 million, more than half a billion dollars, on a computer system that was supposed to cost $156 million. The UCPath project costs taxpayers three times as much as announced, and remains four years behind schedule. UC president Janet Napolitano also…
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As we recently noted, the University of California is spending $504 million on UCPath, a computer payroll system that was supposed to cost $156 million. UC bosses have spent $327 million on UCPath, but it remains four years behind schedule. That’s quite a performance by a university system that regards itself as the…
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One of the great difficulties of trying to describe the sheer amount of money that the U.S. government processes each year is that the numbers are so large that they lose all sense of human proportions. The Manhattan Institute’s Brian Riedl took on the challenge for the amount of money that the U.S. government…
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In recent years the University of California has been hiking tuition, and when students at UC Davis held a peaceful protest, campus police pepper sprayed them. The ensuing $1 million settlement was mostly waste, with attorneys and consultants cashing in on every hand. In response to funding cuts, the bloated UC bureaucracy began to…
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