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 | Fiscal Responsibility
There were 2,362 people who earned a million dollars or more in taxable income in 2009 and who also received federal unemployment benefits that year, according to a report by the Congressional Research Service. In fact, these millionaires collectively raked in more...
by Jane Richey | Aug 13, 2012 | Fiscal Responsibility, Politics
WASHINGTON (AP) — Now that Social Security is paying more in benefits than it collects in taxes, there is a fierce debate among politicians, academics and advocates about whether those shortfalls are adding to the federal budget deficit. The issue is important because...
by Jane Richey | Aug 13, 2012 | Fiscal Responsibility, Politics
Few of the petitioners who appear before Administrative Law Judge Manny Smith hear the word “no.” Smith grants benefits in close to 80 percent of the Social Security disability claims he hears, nearly twice as often as other administrative judges in Western...
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...
