In the 2012 Olympics the U.S. women�s gymnastics team finished first and won a gold medal. The U.S. men�s gymnastics team, on the other hand, failed to earn even a single medal and finished a dismal fifth. That result, and a broader decline in men�s college sports, is the direct legacy of federal gender…
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We missed it when it came out last year, but laughed when we finally caught up the following video put out by Debt Limit USA: Debt Limit – A Guide to American Federal Debt Made Easy The sad part, aside from seeing the little girl become a co-signer to her father’s debt, is that…
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On Election Day all voters become policy makers and this November 6 Californians will decide four ballot measures on taxes and spending. The Senate Governance and Finance Committee recently held hearings on these measures and the California Channel gave voters statewide a chance to watch and gain insights from the testimony. Unfortunately, senate President…
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On 15 August 2008, the total U.S. public debt outstanding was just over $9.6 trillion (or if you’re a stickler for accuracy, $9,606,975,957,798.46). Four years later, on 15 August 2012, the total public debt outstanding for the United States had risen to just over $15.9 trillion (or rather, $15,919,488,010,442.70). In four years then, the…
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The federal Census Bureau, budget $3.1 billion, seeks changes to its racial classification system that have more to do with federal spending than ethnic and racial accuracy. The current government-approved racial categories, set by the White House Office of Management and Budget, are: white, black, Asian, Pacific Islander and American Indian/Alaska Native. Many Americans…
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The Wall Street Journal reports in “Ethanol vs. the World: The corn fuel mandate is raising food prices and hurting the poor,” that the massive federal corporate welfare subsidies to corn farmers and mandates for ethanol production are “a man-made disaster that could be stopped if the EPA or others in Washington cared for…
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Amtrak holds a monopoly on food and beverage sales on Amtrak trains. That has not prevented the taxpayer-funded rail system from losing nearly $1 billion—a full $834 million—on those services since 2002, about $80 million a year. In 2011 Amtrak spent $206 million on food services but collected only about $121 million. A hamburger…
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The news for the fiscal future of the U.S. Postal Service is grim: WASHINGTON (AP) � The nearly bankrupt U.S. Postal Service on Thursday reported losses of $57 million per day in the last quarter and warned it will miss another payment due to the U.S. Treasury, just one week after its first-ever default…
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Fiscal woes in Washington have not prevented the federal government from buying 29,000 new vehicles over the past six years. That brings the federal government�s fleet of cars to 449,000, nearly one for every seven federal employees, according to the Detroit News, based on a recent report from the Government Accountability Office.� The federal…
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How much welfare do corporations receive as a direct cash benefit from the U.S. government? According to a recently published Cato Institute policy analysis, it’s nearly 100 billion dollars. We mined the report to visualize which U.S. government agencies or spending categories are the biggest recipients of the largesse of U.S. politicians: The majority…
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