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Discover a wealth of insightful materials meticulously crafted to provide you with a comprehensive understanding of the latest trends.

Defense, General Waste

National Lampoon’s European Vacation

December 1, 2009 Sean Kennedy

Ostensibly in Scotland to partake in the NATO Parliamentary Assembly, several members of Congress are coming under fire for using the trip as a personal vacation.  Led by Rep. John Tanner (D-Tenn.) the group, consisting of 12 representatives (eight Democrats, four Republicans), nine of the members’ spouses, and five legislative aides, stayed in a $300-per night hotel overlooking the Edinburgh Castle.  In addition to the rooms required to lodge participants, the group rented three additional rooms, which were stocked with “…liquor, Coors beer, chips and salsa, sandwiches, Mrs. Fields cookies and York Peppermint Patties…,” according to a December 17, 2009 article in The Wall Street Journal.  Adding to the expense, the group flew on a plane provided by the Air Force.

Budget

Dithering on the Debt

December 1, 2009 staff

On December 16, 2009, by a vote of 218-214, lawmakers voted to raise the debt ceiling by $290 billion to $12.394 trillion.  This is similar to the limit that banks and other lenders allow individuals to charge on their credit cards.  Ironically, during the recession, millions of Americans received notices from their credit card companies telling them their credit limit was being reduced.  Yet, this Congress is expanding its credit at rates far greater than any time in its history.

Healthcare, PBM, PBMs, Pharmacy Benefits Manager

Wasted Healthcare Dollars

November 1, 2009 staff

As the national debt exceeds $12 trillion and the monthly deficit record of $176 billion was set in October, it would behoove officials in Washington to take reports of wasteful spending more seriously.  This is especially true in regard to the tens of billions of dollars that are wasted each year in federal healthcare programs.

Postal Service

USPS Wants To Branch Out

November 1, 2009 Leslie Paige

The holiday season is upon us; the time of year when the mailbox tends to begin filling up with gift catalogs and greeting cards from friends and family.  This is also the time of year when the United States Postal Service (USPS) has traditionally seen a spike in mail traffic, as its fiscal health is often pegged to the level of first-class mail traffic that occurs over the holiday season.  Those circumstances are dire regardless of how much mail is sent through the end of the year, and the cure sought by postal officials is worse than the disease.

Commerce, General Waste

Jobs Numbers and White House Propaganda

November 1, 2009 staff

One of the cornerstones of the stimulus bill was to create jobs and help the economy get back on its feet.  The Obama administration estimated that between 3 and 4 million jobs would be created or saved once the bill was enacted.

Energy, Environment

Amidst the Healthcare Hubbub, Cap-and-Trade Moves Ahead

November 1, 2009 staff

While Congress and the American public remain fixated on the contentious healthcare debate, little attention has been paid to S. 1733, the Clean Energy Jobs and American Power Act, better known as the Kerry-Boxer cap-and-trade bill.  Democrats have used this distraction to their advantage, steadily pushing the onerous climate change legislation forward.

General Waste

The 72 Hour Bill: A Struggle to Read Over the Shoulder of Congress

October 1, 2009 staff

This summer’s tea parties and town hall meetings drew hundreds of thousands across the nation.  Although there were many issues of concern including healthcare, cap-and-trade, and the general overspending problems in Washington, citizens were united by one common goal: to remind members of Congress that they work for the American people. 

Transportation

Taxpayer Money Flying Out the Door

October 1, 2009 staff

Even if many Americans don’t think that the stimulus package is working, there is still a desire to ensure that the money is being spent wisely rather than being thrown down a rat hole.  But, the news that is trickling out from the states does not look good.

Healthcare, PBM, PBMs, Pharmacy Benefits Manager

Medicare is Afflicted with Chronic Wasting Disease, and its Catchy

October 1, 2009 Leslie Paige

All of the healthcare reform bills currently under consideration depend, to a significant degree, upon eradicating waste and abuse from Medicare in order to offset the costs of the new coverage package.  Squeezing waste out of Medicare is a laudable goal and an aggressive waste eradication campaign could yield savings of $40 to $50 billion annually (conservatively), or 10 percent, a much higher percentage of fraud than exists in private healthcare systems.  Unfortunately, it is a pipedream.  Administrations and Congresses going back decades have tried, and failed miserably, to eliminate the waste. 

Healthcare, PBM, PBMs, Pharmacy Benefits Manager

Healthcare: Everyone Gets a Deal and Taxpayers Get the Tab

October 1, 2009 staff

No one questions that the nation’s healthcare system is troubled and needs to be fixed.  Typically, Congress would propose legislation to fix the heart of the problem and then cut whatever side deals are needed to pass the legislation. 

The Obama administration and congressional majority campaigned on a theme of changing the way Washington worked.  Most voters assumed that meant negotiations on major legislation would be open and transparent.  Unfortunately, there is less transparency than ever as final House and Senate healthcare bills are being crafted behind closed doors.

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