Another Day, Another Default: Postal Service to Miss $5.6 Billion Payment to Treasury
In August, the U.S. Postal Service (USPS) failed to pay $5.5 billion due to the Treasury Department to fund health benefits for its retirees. This… Read More
Morning Bell: Hollywood Steps Up in “Won’t Back Down”
A new movie opens in theaters today that couldn’t be more timely. The school year is hitting its stride, and the teachers union in Chicago… Read More
Morning Bell: Government Dependency Rises As Number of Taxpayers Declines
The leak of a video featuring former Governor Mitt Romney (R-MA) has sparked debate about government dependency and the number of people in the United… Read More
Index of Dependence on Government Jumps for the Fourth Year in a Row
The leak of a video featuring former Governor Mitt Romney (R-MA) has sparked debate about government dependency and the number of people in the United… Read More
Chicago Teachers’ Retirement Benefits Are Extravagant
When Chicago teachers began their strike on Monday, critics rightly pointed out that the city already pays one of the highest average teacher salaries in… Read More
No More Solyndras Act: Good Start; Room for Improvement
This Friday, the House of Representatives will vote on the No More Solyndras Act, which would prohibit any new loan guarantees from Title XVII of… Read More
SecurityNews
TSA’s Bloated Bureaucracy: House Calls for Much-Needed Reform
Yesterday, the House Homeland Security Committee held a hearing on the state of the Transportation Security Administration 11 years after 9/11. Appearing before the committee,… Read More
U.S. Farmers Seeing Record Profits, Thanks to Taxpayers and Government
The Financial Times reports that “U.S. farmers are heading for their most profitable year on record despite the worst drought in half a century as… Read More
XpressWest High-Speed Rail Project: Speeding Toward a Taxpayer Bailout
Outdated forecast data containing rosy economic assumptions and signaling potential cost overruns plagues the planned $6.9 billion XpressWest high-speed rail project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
Amtrak Records $834 Million Loss on Food Sales Over Past Decade
Amtrak spent $1.70 for every dollar it earned on food and beverage sales last year, leading to a loss of $84.5 million on the service,… Read More
