Obamacare cost estimates hide up to $50 billion per year. Federal payments required by President Barack Obama’s health care law are being understated by as much as $50 billion per year because official budget forecasts ignore the cost of insuring many employees’ spouses and children, according to a new analysis. The result could cost the U.S. Treasury hundreds of ... MORETHE DAILY CALLER: The Great $50 Billion Flub
Obamacare cost estimates hide up to $50 billion per year. Federal payments required by President Barack Obama’s health care law are being understated by as much as $50 billion per year because official budget forecasts ignore the cost of insuring many employees’ spouses and children, according to a new analysis. The result could cost the U.S. Treasury hundreds of ... MOREWalter E Williams: Ignorance, Stupidity or Connivance?
The high cost of fueling envy and resentment. President Barack Obama has called for a luxury tax on corporate jets as a means to generate revenue to fight federal deficits. The president's economic advisers ought to be fired for not telling him that doing so is unwise and counterproductive. They might have already told him so, only to have the president say, "Look, I know you're ... MOREMike Riggs: Moody's Sounds The Alarm On Student Loans
Student loan debt has surpassed credit card debt. A growing chorus of economists and educators think that the higher education industry will be America's next bubble. Easy credit, high tuition, and poor job prospects have resulted in growing delinquency and default rates on nearly $1 trillion worth of private and federally subsidized loans. Now the ratings agency ... MOREHeidi Harris: The Rat In Obama's Maze
Is someone leaving the building? It goes without saying that President Obama has no grasp of even basic economics. Perhaps he should read Thomas Sowell’s excellent book of the same title, for starters. And it also goes without saying that everything he’s done since taking office has made the economic situation in the nation worse, whether you’re looking at actual job ... MORERich Lowry: Government's War On Lemonade
Beware those conniving grade-school entrepreneurs. There’s no more poignant symbol of American childhood than the lemonade stand, evocative of long, lazy summer days and pie-in-the-sky entrepreneurial dreams. It inevitably was a subject for a Norman Rockwell print, with a brassy kid confidently hawking cups for 5 cents each. If Rockwell were to update ... MORELiberal Victory: Dependent Class Reaches 45.8 Million
Democrats increase voter base. Nearly 15% of the U.S. population relied on food stamps in May, according to the United States Department of Agriculture. The number of Americans using the government's Supplemental Nutrition Assistance Program (SNAP) -- more commonly referred to as food stamps -- shot to an all-time high of 45.8 million in May, the USDA reported. ... MORETaxed Out New Yorkers Fleeing The State
from Newscore. Taxed-out New Yorkers are voting with their feet, with a staggering 1.6 million residents fleeing the state over the last decade. For the second consecutive decade, New York led the nation in the percentage of residents leaving for other states, according to the report by the Empire Center for State Policy. The population loss is "the ultimate barometer of ... MOREMatt Welch & Nick Gillespie: War Of Debt-Ceiling Analogies
Politicians quibble while real disaster looms. A funny thing happened on the way to a resolution over raising the nation’s credit limit: The most basic definitions of easy-to-understand words such as “spending,” “increase” and “budget cuts” went out the window faster than Anthony Weiner’s political career. The debt ceiling, which has been set by Congress since 1917, is ... MORE
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