The California Institute for Regenerative Medicine (CIRM) has awarded $53 million to the University of California at Davis for research into Huntington�s disease and other maladies. The state stem-cell agency has given a total of $126 million to UC Davis and handed out nearly $1 billion overall, without producing any cures or therapies. Created…
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One of the reasons federal spending has spiraled out of control in recent decades is that neither the public, nor the Congress, has any idea what the huge budget numbers really mean. Per capita income in the United States now stands at approximately $33,070. It’s higher in most urban areas. In the Dallas-Fort Worth…
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Independent Institute Senior Fellow Richard K. Vedder, a member of the Council of Economic Advisors for the Institute’s Government Cost Calculator, was interviewed by International PressTV on January 12th. In the interview, Dr. Vedder explains that President Obama has done nothing to rectify either the U.S. or international debt crisis. Indeed, under the Obama…
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The answer is illustrated below: The United States’ total public debt outstanding was approximately $13.562 trillion at the end of the government’s fiscal year on 30 September 2010. As of 4 January 2011, the United States’ total public debt outstanding exceeds 14 trillion dollars. Despite that near half-billion dollar increase, the percentage composition of…
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Dr. Emily Skarbek, director of the�Government Cost Calculator at the Independent Institute, was interviewed by International PressTV on Friday,�January 14th. Listen to Emily�as she explains the government’s three options on this�gigantic debt crisis: pay the debt, maintain it, or repudiate it. The article and video can be viewed�here.
In�this new article on the continual spending and stretching of the budget, Dr. Emily Skarbek explains the temptations for the new Congress to spend wastefully and heighten the debt ceiling. Equating Congress and the ever-expanding budget to over-eaters, Dr. Skarbek says that small intervals of “another ten pounds” are causing an extreme obesity crisis…
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Dr. Emily Skarbek, director of the�Government Cost Calculator at the Independent Institute, was interviewed by International PressTV on Friday, January 7th. Listen to Emily�as she discusses how poor U.S. government policies create or exacerbate unemployment. The article and video can be viewed here.
As many Americans prepare to face those well-intended, but oft-abandoned New Year’s resolutions, what changes in resolve should the new 112th Congress be targeting? We prepare to close the books on the 111th Congressional agenda, but now what? In this exclusive MyGovCost.org Policy Analysis, economist and creator of the Government Cost Calculator, Craig Eyermann,…
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MyGovCost Director Emily Skarbek was a guest on KMED Radio with Bill Myer on Friday, December 17th to discuss the potential financial fall-outs from the latest tax-cut legislation and the importance of personalizing these policies for a clearer understanding of our fiscal conditions. FoxNews is reporting that the latest legislation has produced more favorable…
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On Monday’s Freedom Watch on Fox Business Channel, Judge Andrew Napolitano asks Steve Forbes about regime uncertainty created by Congress and the changing tax system. Independent Institute Research Fellow Benjamin Powell advocates deep spending cuts and making the temporary tax cuts permanent. Then, in the next segment, Judge Napolitano and Dr. Powell critique the…
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