azcentral.com: The Supreme Court is expected to rule on the constitutionality of some provisions of the “Affordable Care Act” (Obamacare). At this point, however, an article in azcentral.com explains why analysts expect that the ruling will not change the tide that will cause more employees in Arizona to pay more fees for health care. Employers [...]
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Breitbart: “the average private sector worker in America earns $61,000 annually in pay, pension benefits, and health care benefits. That compares to state and local government workers who make $80,000 and federal workers who bag $120,000 taxpayer dollars in pay, pension, and benefits.” City of Glendale Can’t Pay$25 Million It Stupidly Promised to Pay the NHL to Keep Hockey in GlendaleArizona Republic: “Glendale Mayor Elaine Scruggs wants the National Hockey League to give the city a break on a $25 million payment that could become due in May for the Phoenix Coyotes’ latest season. . . . Glendale is looking at a shortfall next fiscal year that one councilwoman has estimated could reach [...] The Daily Caller: “The Department of Energy announced Thursday a $100,000 prize for software developers to come up with mobile applications to tell consumers how much energy they are using. But there’s already an app for that. A quick scan of the iTunes and Android markets shows nearly two dozen existing applications that accomplish the [...] ZeroHedge: “Solyndra was just the appetizer. Earlier today, in what will come as a surprise only to members of the administration, the company which proudly held the rights to the world’s largest solar power project, the hilariously named Solar Trust of America (“STA”), filed for bankruptcy. And while one could say that the [...] The American: “My Magnificent Seven. Some bust myths. Others highlight a reality the media is ignoring. Enjoy!” This article covers 7 economic areas and contains 7 charts that track results over the last several decades. The seven charts are: “The overly optimistic unemployment forecast of the Obama White House. This may be the [...] Capcon Michigan Capitol Confidential: “Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy. . . [...] AZCentral: A Maricopa County Superior Court ruling this week has found unconstitutional a portion of a year-old law that had allowed Arizona school districts to spend unused bond money on other construction projects. Judge Eileen Willett’s ruling stops Cave Creek Unified School District from spending $13 million in leftover bond money [...] ABA Journal: Retired U.S. Supreme Court Justice Sandra Day O’Connor expressed concern Sunday that not even lawyers and members of the judiciary fully recognize the threat to state courts posed by funding cutbacks being imposed by state legislatures. “No one, not even lawyers and judges, understands what a financial bind the courts [...] USA Today: A federal subsidy that aids graduate students would be eliminated to boost funding for Pell grants that help low-income undergraduates, under the compromise debt-ceiling bill moving through Congress. That trade-off is one of the few program changes specified in the bill. The maximum Pell grant of $5,550 would be [...] The Washington Examiner: A new analysis of federal workforce data shows that even in this time of retrenchment and downsizing, the federal government almost never fires or lays off workers. In fact, in many corners of the federal government, it is virtually impossible for an employee to be fired. “Federal employees’ job security [...] The Washington Examiner: President Obama told CBS News today that he “cannot guarantee that those [Social Security] checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it.” But wait just a minute. If Washington receives about [...] Hot Air: The EPA gets sued on a regular basis by environmental groups complaining about a lack of enforcement, a process that routinely requires legal settlements and significant taxpayer expense. Investors Business Daily’s report today suggests that taxpayers may be funding more of the process than they know. Among the recipients of grants [...] Yahoo! Finance: Policy experts have focused on alternative ways of eliminating Social Security’s 75-year financing gap, but lost in the debate is the fact that even under current law Social Security will provide less retirement income relative to previous earnings than it does today. Combine the already legislated reductions with potential cuts to close the [...] CNS News: “The jobs created and saved by the economic stimulus law that President Barack Obama signed on Feb. 17, 2009 cost at a minimum an average of $228,055 each, according to data released yesterday by the Congressional Budget Office (CBO).” Arizona Republic: “When the Glendale City Council gave the green light to a $197 million Phoenix Coyotes deal in December, it seemed the team’s future in the Valley was secured. More than a month later, Glendale has not yet completed the deal. Meanwhile, the Goldwater Institute is weighing whether to sue, scrutinizing the [...] CNS News: “In the 1,461 days that Rep. Nancy Pelosi (D.-Calif.) served as speaker of the House, the national debt increased by a total of $5.343 trillion ($5,343,452,800,321.37) or $3.66 billion per day ($3.657,394,113.84), according to official debt numbers published by the U.S. Treasury.” City Journal: “If money could melt snow, Mayor Bloomberg would be basking in victory over the storm. When he took office in 2002, Gotham spent $1.3 billion annually on the Department of Sanitation. Today, the city spends more than $2.2 billion on “New York’s Strongest. . . . Taxpayers now spend $144,000 on [...] Detroit Free Press: “Detroit Public Schools will spend $49 million in federal money to push technology in the district, including distributing 40,000 new laptop computers to students in grades 6-12 for use in class, as well as more than 5,000 new desktop computers.” Meanwhile “DPS to lay off 88 school bus attendants who [...] The Heritage Foundation lists its top ten most viewed charts of 2010 that show federal government spending and taxes. The charts are: 10. Recent Spending Hikes Are Not Limited to Temporary Emergencies 9. Federal Revenues by Source 8. Federal Government Revenues Have More Than Tripled Since 1965 7. Entitlements Will Consume All Tax Revenues by [...] CNSNews.com: “The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury. That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in [...] Arizona Republic: “Valley rail planners are asking a million-dollar question: Would south Phoenix residents ride a light-rail line enough to justify building one? Valley Metro, the agency that built and runs the 20-mile starter light-rail line, is weeks away from picking a consultant to provide the answer. Armed with a $400,000 congressional earmark [...] Reuters: “The U.S. government fell deeper into the red in fiscal 2010 with net liabilities swelling more than $2 trillion as commitments on government debt and federal benefits rose, a U.S. Treasury report showed on Tuesday.” Arizona Republic: “the Glendale City Council approved a $197 million deal to keep the financially struggling Phoenix Coyotes at the city’s arena. . . . The agreement also requires Glendale to wire $100 million to Hulsizer quickly, perhaps in the next few weeks, which would help him purchase the team from the NHL [...] Gas 2.0: “California has plans for an 800-mile high-speed rail system running the length of the Golden State, and initial estimates place the cost somewhere around $45 billion . . . . Even a 800 mile journey begins with the first step, and California has been trying to find the area most receptive [...] If you want the best example ever of how the United States has gone from a country of freedom and limited government to a country that is a nanny state and government control of everything, here it is. The federal Highway Administration issued a regulation that requires every street sign in the United [...] Investors Business Daily: “Congress has OK’d nearly $5 billion for black and Native American farmers who claim they were discriminated against. This is redistribution of wealth in the name of environmental and social justice. Reparations have begun. . . . Pigford v. Glickman was a class action lawsuit against the Department of Agriculture [...] Wall St. Journal: “Tax revenues as a share of GDP have averaged just under 19%, whether tax rates are cut or raised. Better to cut rates and get 19% of a larger pie. Even amoebas learn by trial and error, but some economists and politicians do not. The Obama administration’s budget projections claim [...] The Arizona Republic reports that a group of idiots called the Southwest Valley Rail Partnership got together recently during these dire economic times to discuss how they can convince elected officials to take government deeper into debt to purchase the money losing sink hole called passenger railroads. These people are not interested in [...] Wall St. Journal: “The draft recommendations of the president’s commission on deficit reduction call for closing popular tax deductions, higher gas taxes and other revenue raisers to drive tax collections up to 21% of GDP from the historical norm of about 18.5%. The claim here . . . is that these added revenues [...] |
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