Commerce

Spending Cut Alert: Senate Commerce, Justice, and Science


For Immediate Release

October 19, 2011
Contact:Leslie K. Paige (202) 467-5334

Luke Gelber (202) 467-5318

 


The Shovel-Ready Jobs Swindle

The money would be spent on a variety of infrastructure projects, such as improved highways, railways, and transit systems. The national infrastructure bank, according to Rep. Rosa DeLauro (D-Conn.), would end up functioning as a “public private partnership like Fannie Mae.” Such a comparison should give taxpayers heartburn.

Commerce Bill Filled With Earmarks


For Immediate Release:

August 3, 2011
Contact:Leslie K. Paige (202) 467-5334

Luke Gelbe (202) 467-5318

 


Commerce Bill Filled With Earmarks


For Immediate Release:

August 3, 2011
Contact: Leslie K. Paige (202) 467-5334

Luke Gelber (202) 467-5318

 


The Consumer Police and Sin Taxes

There have always been and will always be some people who believe they know what is best for everyone, so they try to force their will on the rest of society.  This attitude is very much at odds withthe philosophy that liberty should be maximized and that people should be allowed to live their lives as they would like as long as they are not infringing on the rights of others.In recent years, the “we know best” crowd has expanded the number of activities that they believe need policing far beyond the traditional sins that have been targeted for decades and even centuries.

Federal Bailout No More! State and Local Governments Must Deal With TheirOwn Pension Predicaments

In December 2008, state governments had nearly $1.94 trillion set aside in pension funds for approximately 20 million active state and local government employees and seven million retirees and dependents who currently receive benefits. 

Using market-based discount rates that reflect the risk profile of pension liabilities, finance professors Robert Novy-Marx of the University of Chicago and Joshua Rauhof Northwestern University calculated that states have pension liabilities of $5.17 trillion, which means that state pension plans are unfunded by $3.23 trillion.  Local government pension plans are unfunded by $574 billion. 

Privacy Problems

Privacy may mean different things to different people, but at a certain level everybody wants their privacy protected.  The advent and growth of the Internet has greatly amplified privacy issues. 

As with every other subject that comes to the forefront of the American psyche, Congress is gearing up to offer legislation to “protect privacy.”  As usual, this means Congress could do more harm than good.

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CAGW Names Rep. Bennie Thompson June 2018 Porker of the Month

Rep. Thompson is CAGW's Porker of the Month for attempting to create taxpayer-funded dorms for members of Congress.