by Jane Richey | Jul 19, 2013 | Fiscal Responsibility
The City of Detroit filed for bankruptcy yesterday afternoon. It owes as much as $20 billion and there is no conceivable way that debt will ever be paid. The city offered its debtors 10 cents on the dollar but the debtors refused. A good deal of the blame –...
by Jane Richey | Jul 18, 2013 | Fiscal Responsibility, Politics
Rep. Michele Bachmann (R-Minn.) on Wednesday night said the Treasury Department is lying to Americans about the size of the federal debt since it has not changed significantly for the last few months even though the government continues to borrow. Bachmann cited a...
by Jane Richey | Jul 18, 2013 | Fiscal Responsibility
The U.S. Department of Agriculture (USDA) has awarded a $149,074 grant to study food shopping patterns that may form the basis of future shopping “interventions.” The USDA award went to the University of Kentucky in April for the study titled, “Adolescent and...
by Jane Richey | Jul 2, 2013 | Fiscal Responsibility
The Social Security Administration (SSA) has paid at least 1,546 dead people $31 million, with some of the deceased receiving benefits for 20 years.According to a June 21 audit by the Inspector General for the Social Security Administration, 2,475 beneficiaries had a...
by Jane Richey | Jul 1, 2013 | Fiscal Responsibility, Politics
The National Institutes of Health is spending $253,800 of federal taxpayer money to study ways to educate Boston’s male prostitutes on safe-sex practices.According to a description of the federally funded project, a previous study of male sex workers in Boston found...
by Jane Richey | Jun 25, 2013 | Fiscal Responsibility
The Pennsylvania state budget may deliver some good news for family-owned businesses. Eliminating the inheritance tax for small businesses could be part of the 2013-2014 budget negotiations now ongoing in the statehouse, with a unanimous vote from the House of...
