If Obamacare (aka the “Patient Protection and Affordable Care Act”) has had any success, it has been in signing up more Americans for Medicaid—the federal government’s program for providing free health care to people with poverty-level incomes. Or, thanks to changes mandated by the Affordable Care Act law, a large number of people whose…
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During the recent 16-day partial shutdown of the federal government, the U.S. economy continued to grow, according to this report on a recent survey by the Federal Reserve. In seven of the Fed’s 12 banking districts, growth was moderate and in regions such as Boston the economy continued to expand. Manufacturing was on the…
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So far Obamacare has been shuffling a deck full of jokers. It’s a bad idea in the first place, based on lies, paternalism and trickery, and enshrined in an elephantine bill few bothered to read but passed anyway. Even supporters such as Montana Democrat Max Baucus described it as a train wreck. The government…
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As one headline put it, “Health Care Site is Doing Better,” something one would say of a child still in bed with a fever. But even before December 1, when everything was supposed to be fixed, the federal health care website remained troubled. This news came from the New York Times, which was willing…
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The Washington Post is carrying a story today about the rising economic misery facing the U.S. territory of Puerto Rico, home to 3.67 million Americans, the government of which has racked up $70 billion worth of debt. That places the territory third after California’s $96.4 billion and New York’s $63.3 billion in terms of…
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In 2013, the American Farm Bureau Federation reports that a traditional Thanksgiving dinner for 10 people will cost $49.04 on average. But did you know that the U.S. federal government is subsidizing a portion of that meal? It’s true! In 2012, the most recent year for which we have data, the U.S. federal government…
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Six years ago Congress imposed a mandate on how much ethanol and other biofuels must be mixed into gasoline. Now the Environmental Protection Agency (EPA) is proposing the first-ever cut in that amount. That has politicians perturbed, but for the wrong reasons. The mandate was for 15 percent ethanol — standard stocks contain 10 percent…
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In Washington, D.C., an investigation by James Rosen and Marisa Taylor of the McClatchy news service has found that the Defense Finance and Accounting Service (DFAS), which the Pentagon set up over twenty years ago to strengthen the accountability of its spending, has broken down. Worse, it appears that Defense Department officials are currently…
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California deploys some of the highest income and sales taxes in the nation, but the Golden State’s pillage people are worried that they might not be high enough. They now want to more than double registration fees on motor vehicles, more accurately known as the car tax. The car tax is based on .65…
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As everybody knows, so far Obamacare succeeds only at taking away the insurance people already have and leaving them with higher premiums and weaker coverage. Now another government plan is jolting Americans with sticker shock. As this report notes, changes in federal flood insurance are beginning to quadruple premiums in some areas, harming homeowners…
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