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.
Will Obama’s IGs Be Blood Hounds or Lap Dogs?
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.
Healthcare Reform: A Pricey Prescription
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.
Obama Administration Proposal Would Cost U.S. Jobs
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.
Public vs. Private: May the Best Contractor Win
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.
British Expense Scandal Should be Lesson for U.S. Lawmakers
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.
Taking Taxpayers for a Ride
Most Americans have a favorite train story. When my parents took my brother, sister and me out West in 1966, we took the overnight train from Denver to Salt Lake City. We were awed by the beautiful scenery from the dome cars, ate well, slept comfortably, and enjoyed every minute of the trip.
The First Cut Is The Lamest, Not The Deepest
In February, President Obama introduced a $3.69 trillion budget for the 2010 fiscal year, a proposal that would, according the Heritage Foundation, increase spending by $1 trillion over the next ten years, lead to a 12 percent increase in discretionary spending, and leave permanent deficits averaging $600 billion even after the economy recovers. In a peace offering to get some political cover for this explosion of spending, President Obama called for his cabinet to make $100 million worth of spending cuts.
Weatherization Assistance Program – A Perfect Storm of Potential Waste?
President Obama’s $787 billion so-called “stimulus” bill, formally known as the America Recovery and Reinvestment Act (ARRA), will have reverberations throughout the economy for years to come. The contained a wide range of new government spending programs as well as dramatic increases in existing programs, some of which had previously been funded with relatively small budgets.
Energy Battle Heats Up
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.