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.
Healthcare: Everyone Gets a Deal and Taxpayers Get the Tab
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.
Taxpayer Money Flying Out the Door
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.
Congress Plans to Tap Medicare to Pay for Healthcare Reform
The Senate Finance Committee has reported out S. 1796, its version of a health care reform bill. This was preceded, and indeed made possible, by an estimate from the Congressional Budget Office (CBO) that the bill would increase federal government spending by only $829 billion in 2010-2019. With new taxes and reductions in projected spending in Medicare and Medicaid, CBO said this would actually result in a net saving to the federal budget of $81 billion over this period. The bill’s advocates greeted this estimate with relief, tinged with self-congratulation for having produced a bill that, in the current environment, was considered by them to be fiscally responsible.
The 72 Hour Bill: A Struggle to Read Over the Shoulder of Congress
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.
End Deficit Spending
With a turnout estimated at hundreds of thousands of people, the Taxpayer March in Washington, D.C. on September 12, 2009 demonstrated the public’s support for restraining government spending. In order to understand the motivation of the protesters, one only needs to look at the current fiscal condition of the country.
If It Ain’t Broke, Why “Neutralize” It?
On September 21, Federal Communications Commission (FCC) Chairman Julius Genachowski proposed new rules for broadband providers. The so-called “net neutrality” policy is anything but neutral; it would allow for government regulation and intervention in the broadband industry and would prevent wireless companies from managing traffic on the Internet.
Restricting Sugar Imports, Hidden Tax Increases, and Just Plain Waste
The antiquated U.S. sugar program continues to cause trouble for American companies, consumers and taxpayers. While supporters of the program have always tried to claim that it doesn’t cost taxpayers any money, according to the Government Accountability Office (GAO), the highly restrictive import quota already costs U.S. consumers as much as $1.9 billion annually, which is nothing more than a sugar consumer tax.
Budget Gimmicks Hide the True Costs of Obamacare –
There is a lot of discussion of how much the Obama healthcare plan will cost the federal government. The House bill, if passed, will spend more than $1 trillion over 10 years and the Senate bill would spend more than $800 billion over 10 years. This spending will be paid for with a lot of […]
Debt Watch
Most mundane procedural actions by Congress are not worthy of a headline or even a WasteWatcher article, but the raising of the debt ceiling will surely cause taxpayers to howl.