Outdated forecast data containing rosy economic assumptions and signaling potential cost overruns plagues the planned $6.9 billion XpressWest high-speed rail project connecting Victorville, CA, to… Read More
When does the U.S. Department of Agriculture (USDA) say you should eat meat? It depends on the day. On July 23, the agency’s interoffice newsletter,… Read More
It is becoming hard to keep the billions of dollars in missed payments and recorded losses by the U.S. Postal Service (USPS) straight. Today, tack… Read More
Today the U.S. Postal Service (USPS) will default on $5.5 billion in payments to the Treasury for future retiree health benefits. That is no small… Read More
After weeks of decent progress in advancing the fiscal year (FY) 2013 appropriations bills—the annual spending bills that finance the operations of government agencies—the process,… Read More
EconomyNews
Earlier this week, the Obama White House criticized Members of Congress for examining the effects of the $1.2 trillion in automatic spending cuts scheduled to… Read More
Yesterday, former President Bill Clinton agreed with the strong message The Heritage Foundation has sent Congress and the President: Prevent Taxmageddon from taking place—and do… Read More
The latest installment in a National Public Radio (NPR) series considers how entitlement programs impact Americans’ opportunities. This is a welcome discussion, because growing entitlement… Read More
The Obama Administration is piggybacking on claims made by MarketWatch’s Rex Nutting that Obama has not gone on the spending spree everyone thinks he has… Read More
What do $16 billion and $68.4 billion have in common, other than the fact that each of these figures dwarfs JPMorgan Chase’s recent loss? The… Read More
