Losses to Treasury expected to exceed $23 billion. The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its ... MOREDetroit News: Estimate Of Auto Bailout Loses Soar
Losses to Treasury expected to exceed $23 billion. The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its ... MOREPaul Conner: EPA Uses Junk Science To Justify Regulations
Public servants or public masters? The Environmental Protection Agency has used bogus “press release science” to defend analyses of how Clean Air Act regulations affect the public’s health while downplaying their economic costs, two congressmen declared Tuesday. In an unusually lengthy 11-page letter, Maryland Republican Rep. Andy Harris and Georgia Republican ... MOREWSJ: To Increase Jobs, Increase Economic Freedom
by John Mackey. Is the United States exceptional? Of course we are! Two hundred years ago we were one of the poorest countries in the world. We accounted for less than 1% of the world's total GDP. Today our GDP is 23% of the world's total and more than twice as large as the No. 2 country's, China. America became the wealthiest country because for most of our history ... MORE
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