Posts Tagged ‘govenrment waste’

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Can Trump Trim Waste, Fraud and Abuse in Federal Government?

Monday November 28th, 2016   •   Posted by K. Lloyd Billingsley at 9:11am PST   •   0 Comments

President-elect Donald Trump finds “tremendous waste, fraud and abuse” in the federal government,” and proclaims “we’re going to get it.” That will be a tough task because, as one recent case confirms, waste, fraud and abuse are inherent in the system. When he applied for a job with the EPA in 1989, John Beale…
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Wasting Taxpayer Dollars on Wasted Senators

Monday June 1st, 2015   •   Posted by K. Lloyd Billingsley at 11:05am PDT   •   1 Comment

California state senators draw six-figure salaries plus gold-plated pensions, plus an impressive array of benefits that includes a car allowance. Some of those senators like to get drunk, and when they do, California taxpayers will now be footing the bill to drive them home. As Alexei Koseff and Jim Miller observe in the Sacramento…
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Taxpayers Subsidize Killer VA Health System

Wednesday May 21st, 2014   •   Posted by K. Lloyd Billingsley at 7:05am PDT   •   1 Comment

According to the official government website, “The President’s vision for the Department of Veterans Affairs (VA) is to transform VA into a 21st Century organization that is Veteran-centric, results-driven, and forward-looking.” So no surprise that “the President’s 2015 Budget includes $163.9 billion for VA in 2015. This includes $68.3 billion in discretionary resources and…
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Caltrans Problems Inherent in the System

Monday February 3rd, 2014   •   Posted by K. Lloyd Billingsley at 6:11am PST   •   1 Comment

As we noted last week, the California Senate conducted a hearing on the problems with the new eastern span of the Bay Bridge, which cost some $5 billion more than the original estimate. Bridge construction was delayed 10 years but doubts remain about its safety. Taxpayers should wonder why politicians took so long to…
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Why Affordable Care Act First Does Harm, Period

Friday November 15th, 2013   •   Posted by K. Lloyd Billingsley at 3:08pm PST   •   1 Comment

President Barack Obama’s announced intention is to bring “quality, affordable,” health insurance to the uninsured. That is not likely to happen for some time, if at all, given the debacle of the rollout. But Obamacare has already succeeded in taking away health insurance from some 19 million people in the individual market. Those people…
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The Hazards of Government Waste

Monday November 11th, 2013   •   Posted by K. Lloyd Billingsley at 8:45am PST   •   0 Comments

The lies, waste, fraud and incompetence involved in Obamacare have been getting a lot of ink and deservedly so. But while Americans watch the health hokum unfold they should not forget fallout from the federal stimulus. Consider, for example, the fortunes of Abound Solar. In 2010 Barack Obama praised the company as an excellent…
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IRS Giveaway Sweepstakes, Continued

Monday October 21st, 2013   •   Posted by K. Lloyd Billingsley at 9:43am PDT   •   3 Comments

As we recently noted, longtime Long Island resident Carol Cooke received tax refunds for thousands of dollars, all to people who did not live at her residence. This was obvious fraud but when Cooke contacted the IRS they gave her the runaround. This was not an isolated case. A full 23,994 tax refunds were…
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U.S. Cities Face Half a Trillion Dollars in Government Employee Pension Deficits

Tuesday October 12th, 2010   •   Posted by David Theroux at 1:53pm PDT   •   4 Comments

In a new article in the Financial Times, Nicole Bullock reports that a huge pension deficit of more than half a trillion dollars for 50 U.S. cities may produce calls for a massive federal bailout: “Big US cities could be squeezed by unfunded public pensions as they and counties face a $574 billion funding…
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