Archive for the ‘Blog’ Category

Wasteful Board of Equalization Makes Strong Case for Its Elimination


Tuesday April 4th, 2017   •   Posted by K. Lloyd Billingsley at 9:48am PDT   •   0 Comments

Last month we suggested that California’s Board of Equalization deserved a stop on the California Corruptour, modeled on the one now functioning in Mexico. The BOE, which does not equalize anything, has misallocated nearly $50 million in tax revenue. BOE members have been spending public funds to promote themselves, staging useless events, and dishing…
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Tax Hike to Fix Roads Punishes California Workers


Monday April 3rd, 2017   •   Posted by K. Lloyd Billingsley at 10:01am PDT   •   1 Comment

As any motorist can easily verify, California’s roads are a disaster. Governor Brown and the legislature are running to the rescue with a $5.2 billion deal that will raise the tax on gasoline, raise the tax on diesel and raise user fees on motorists. California taxpayers, the most embattled in the nation, have good…
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The VA’s $388,000 Parking Spaces


Monday April 3rd, 2017   •   Posted by Craig Eyermann at 6:29am PDT   •   0 Comments

Six years ago, the U.S. Department of Veterans Affairs Louis A. Johnson Medical Center in Clarksburg, West Virginia had a shortage of over 600 parking spaces, so federal officials began planning to put in a new parking garage at the facility. Six years later, all the VA had to show for all their planning…
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The New Long-Term Budget Outlook


Friday March 31st, 2017   •   Posted by Craig Eyermann at 6:32am PDT   •   0 Comments

The Congressional Budget Office released its 2017 Long-Term Budget Outlook this week, several months ahead of its usual schedule, which is typically published every July. The most interesting part of the new long-term budget outlook appears in the report’s appendix, where the CBO’s analysts illustrate how their new outlook for the publicly held portion…
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The Skyscrapers of National Debt


Wednesday March 29th, 2017   •   Posted by Craig Eyermann at 6:09am PDT   •   0 Comments

On March 23, 2017, the U.S. government’s total public debt outstanding added up to more than $19.86 trillion, or if you round up by another 0.014 trillion, we’re really talking about a national debt of 20 trillion dollars. That’s a big number, which for many people, is really tough to grasp just how big…
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Government Rail Remains Insolvent and Unsafe at Any Speed


Tuesday March 28th, 2017   •   Posted by K. Lloyd Billingsley at 10:10am PDT   •   1 Comment

Last December, Amtrak train number 527 approached a track switch near Davis, California, where the speed limit was 40 mph. The engineer roared through at 78 mph, jerking the train violently and causing five passengers to suffer injuries. The Federal Railroad Administration let Amtrak conduct its own investigation, and as one passenger told reporters,…
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Tax Agency Deserves a Stop on California “Corruptour”


Monday March 27th, 2017   •   Posted by K. Lloyd Billingsley at 9:04am PDT   •   1 Comment

With the April deadline looming, taxpayers might ponder the prospects of filing a return in which they fail to account for millions of dollars. As it happens, that is the case with a California tax agency. According to Board of Equalization member Betty Yee, who is now state controller, the BOE misallocated $47.8 million…
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The Opportunity Costs of California’s Bullet Train


Monday March 27th, 2017   •   Posted by Craig Eyermann at 6:03am PDT   •   0 Comments

According to the latest estimates, it will cost Californians upwards of $64 billion to build the bullet train envisioned by Governor Jerry Brown and the state’s legislature. That’s money that they don’t have today, but if they did, that’s also a lot of money that could be put to work to do more things…
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Governor Brown Begs the Spending Questions


Thursday March 23rd, 2017   •   Posted by K. Lloyd Billingsley at 9:13am PDT   •   0 Comments

After the 2016 election, California governor Jerry Brown showed signs of early onset Trump Derangement Syndrome, pledging resistance and warning that California would “launch its own damn satellite” if President Trump backed off on climate research. On his trip to Washington this week, Brown toned down the defiance and held out the begging bowl….
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Medicare’s Willful Blindness to Its Own Waste


Thursday March 23rd, 2017   •   Posted by Craig Eyermann at 6:42am PDT   •   0 Comments

Every year for the past four years at least 40 billion dollars has gone to waste because the Centers for Medicare and Medicaid Services (CMS) has declined to audit its own expenditures to ensure that unintentional medical billing errors are caught and corrected. That is a stunning claim being advanced by Kristin Walters of…
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