by Jane Richey | Aug 14, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The Department of Energy announced the distribution of $43 million in funding for the development of energy storage technology that is “too risky for private-sector investment.” The Aug. 2 press release said the recipients were chosen through two programs of DOE’s...
by Jane Richey | Aug 14, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Taxpayers will lose even more on the auto bailout than previously thought, as the Treasury has just revised its estimate upward to $25 billion. This may still underestimate the losses to come—yet President Obama plans to tout the auto bailout as a key accomplishment...
by Jane Richey | Aug 14, 2012 | Constitutionally Limited Goverment, Free Markets
Laws strictly curbing school sales of junk food and sweetened drinks may play a role in slowing childhood obesity, according to a study that seems to offer the first evidence such efforts could pay off. It seems to be the first salvo from those advocating more...
by Jane Richey | Aug 13, 2012 | Constitutionally Limited Goverment, Politics
For nearly three decades Social Security produced big surpluses, collecting more in taxes from workers than it paid in benefits to retirees, disabled workers, spouses and children. The surpluses also helped mask the size of the budget deficit being generated by the...
by Jane Richey | Aug 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Quick quiz: Who said this about Medicare? “With an aging population and rising health care costs, we are spending too fast to sustain the program. And if we don’t gradually reform the system while protecting current beneficiaries, it won’t be there when future...
by Jane Richey | Aug 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
There are more Americans dependent on the federal government than ever before in U.S. history. According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by...
