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Taxes

Education, Healthcare, PBM, PBMs, Pharmacy Benefits Manager, Taxes

Salvage the Good from the Healthcare Debacle

August 1, 2009 Thomas Schatz

The healthcare reform juggernaut, arguably the most radical attempt to remake the economy and the nation’s healthcare infrastructure in history, was supposed to have flown through Congress before the August recess with nary a peep.  Instead, as Americans have gotten wind of its alarming provisions and exorbitant costs, the plan appears to be fizzling fast in the summer heat.

Taxes, Transportation

Let the Sun Shine In on How The Government Spends Your Money

August 1, 2009 staff

The nation just marked the six-month anniversary of the American Recovery and Reinvestment Act (ARRA), or the stimulus law, that Congress passed hurriedly in February.  Billions of our hard-earned tax dollars were injected into the ailing economy.  In that mad rush, we were told there wasn’t time to work out all the details.

Budget, Defense, Taxes

Public Outrage Grounds Congressional Jets

August 1, 2009 staff

In 2005, Rep. Don Young (R-Alaska) tried to fund the infamous “Bridge to Nowhere,” which would have connected the mainland of Alaska to an island of only 50 people.  After the bridge became the “poster child” for pork and taxpayers expressed their disdain, funding for the “Bridge to Nowhere” was eliminated. 

General Waste, Taxes

Will Obama’s IGs Be Blood Hounds or Lap Dogs?

July 1, 2009 staff

Federal statutes currently allow for 69 inspectors general (IG) at all cabinet departments, large agencies and other designated federal entities.  These offices are charged with overseeing how tax dollars are spent.  Since they are, in effect, “first responders” to potential waste, fraud, and mismanagement within the government, IGs are granted broad powers to ensure a level of independence over those they are auditing or investigating.

Defense, Taxes

Beach Houses: Owned By the Rich, Paid For By Everyone

July 1, 2009 staff

Washington’s next fiscal giveaway: a bailout for wealthy homeowners living along risky, hurricane-prone coastlines.  Attempting to find a solution to rising homeowners’ insurance rates, the House Financial Services Subcommittee on Oversight and Investigations held a hearing on July 2, 2009 to discuss the Homeowners’ Defense Act as a possible solution.

Healthcare, PBM, PBMs, Pharmacy Benefits Manager, Taxes

Healthcare Reform: A Pricey Prescription

June 1, 2009 staff

President Obama promised this would be the year of health care reform, but many are bracing for what this “reform” could really mean.  After much anticipation, Democrats have started to unveil their healthcare reform plans, revealing new policy proposals that would, among other things, expand Medicaid, impose individual and employer mandates, enlarge the almost bankrupt Medicare program, create a new government-run healthcare plan, and cost at least $1 trillion over 10 years.  The overall result will inevitably be higher taxes, less patient choice, and ultimately, rationing of care.

Housing, Taxes

British Expense Scandal Should be Lesson for U.S. Lawmakers

June 1, 2009 staff

The TaxPayers’ Alliance (TPA) in Great Britain was founded in 2004 by Andrew Allum, Matthew Elliott and Florence Heath to “represent taxpayers and to fight for lower taxes.”  Citizens Against Government Waste (CAGW) has been working with the organization on a wide variety of issues, including more transparency in government for British taxpayers.

Commerce, Taxes

Obama Administration Proposal Would Cost U.S. Jobs

June 1, 2009 staff

The Obama administration keeps coming forward with proposals that would undermine the economic recovery even as it claims to be trying to save it.  At least $1 trillion has been spent to supposedly “stimulate” the economy and the budget deficit is at a record level.  Yet, the economic gurus within the executive branch have floated another proposal that is both incongruous and counterproductive.

Commerce, Taxes

Public vs. Private: May the Best Contractor Win

June 1, 2009 staff

The government should not compete with its citizens; it should rely on the private sector for commercially-available goods and services.  This is a common-sense idea: allow individuals, small businesses, and entrepreneurial companies to contract with the government, instead of creating duplicative and expensive government-run agencies and programs.

Energy, Taxes

Energy Battle Heats Up

April 1, 2009 Thomas Schatz

Americans are feeling some relief from the drop in gas prices, which were more than $4.00 per gallon last summer and now hover around $2.25 per gallon.  After expectations that winter home heating costs would rise dramatically above the prior year, they rose less than predicted.  Some argue there is an “energy dividend” that is helping the economy by putting more money into consumers’ wallets.

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