Tag: government spending
Craig Eyermann | Thursday September 6, 2018 at 12:07 PM PDT | Comments Off on Illinois’ Growing Public Employee Pension Liability Crisis
Local governments are now having to reduce needed services to the public to pay for the generous pensions of retired government employees.
Tags: budget, government employee pensions, government spending, public services
Craig Eyermann | Wednesday September 5, 2018 at 10:31 AM PDT | Comments Off on Construction of California’s Stonehenge Costing $3.1 Million Per Day
Until the California Bullet Train project is canceled, the one thing that can be guaranteed is that its cost will grow even higher than the $77 billion it is slated to cost taxpayers today.
Tags: California High Speed Rail, government spending, Government waste, taxpayers
Alvaro Vargas Llosa | Tuesday August 21, 2018 at 9:00 AM PDT | Comments Off on The Truth about Turkey
Mounting debt and rising inflation are driving Turkey’s financial crisis.
Tags: Erdogan, government spending, tariffs, trade war, Trump, Turkey
K. Lloyd Billingsley | Tuesday July 3, 2018 at 4:11 PM PDT | Comments Off on DOJ Dishes Out Taxpayer Dollars
DOJ appears eager to hand out millions of taxpayer dollars to just about any group that wants it.
Tags: Department of Justice, government spending, taxpayers
Craig Eyermann | Thursday June 28, 2018 at 9:00 AM PDT | Comments Off on The CBO Agrees: It’s the Spending, Stupid!
U.S. Government’s long-term budget outlook released.
Tags: CBO, Congressional Budget Office, entitlements, government spending, U.S. debt, U.S. Government
Craig Eyermann | Wednesday June 13, 2018 at 12:00 PM PDT | Comments Off on NEA Grants for Clown College
Of all the strange things that the U.S. government spends money upon, perhaps one of the strangest is a college for clowns.
Tags: federal grants, government spending, NEA
John R. Graham | Thursday February 9, 2017 at 9:49 AM PDT | Comments Off on Capping Federal Medicaid Funding Would Save $110 Billion to $150 Billion in 5 Years
Arguably more important than repealing and replacing Obamacare, a longstanding Republican proposal to change how Congress finances Medicaid would reduce the burden on taxpayers by $110 billion to $150 billion over five years, according to a new analysis by consultants at Avalere. Currently, state spending on Medicaid is out of control because Medicaid’s traditional…
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Tags: government spending, Medicaid, Obamacare
John R. Graham | Tuesday September 1, 2015 at 9:29 AM PDT | Comments Off on Health Spending Slows to a Less Alarming Pace
Last week’s second estimate of Gross Domestic Product for the second quarter confirms that growth in health spending took a welcome break. Unfortunately, it is not a clear break in the trend of health spending consuming an increasing share of our national income. The second estimate revised the advanced estimate, and the update was…
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Tags: GDP, government spending, Government subsidies, Healthcare
Robert Higgs | Monday January 14, 2013 at 4:44 PM PDT | 9 Comments
I heard a noise that seemed to come from my chamber door. I opened it, and then . . . Deep into that darkness peering, long I stood there wondering, fearing, Doubting, dreaming dreams some Austrians dared to dream before; But recession was unbroken, and the darkness gave no token, And the only words…
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Tags: Austrian School of Economics, Budget and Tax Policy, deficit spending, Economics, Federal Reserve, government spending, Keynesian economics, Liberalism, Ludwig von Mises, Money and Banking, Progressivism, recession, The State
William Shughart | Tuesday January 25, 2011 at 6:30 AM PDT | 2 Comments
In the run-up to President Obama’s “State of the Union” address this evening, the nation’s monetary and fiscal policymakers seem, as often is true, to be working at cross-purposes. According to reports published in The Wall Street Journal yesterday (January 24, 2011), Chairman Ben Bernanke at long last has concluded that the Fed should…
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Tags: Ben Bernanke, Budget and Tax Policy, economic stimulus, Economics, Employment, Federal Reserve, Fiscal policy, government spending, Humphrey-Hawkins, Inflation, Money and Banking, Politics, President Obama, Presidential Power, State of the Union, Unemployment