If the Obama Administration is looking for places to make sequestration cuts, it can start with the Economic Development Administration (EDA). In late August 1965, less than a month after terrible riots in the Watts section of Los Angeles, Congress passed and President Lyndon Baines Johnson signed a bill establishing …
The union whose strike led to the bankruptcy of Hostess last year has just been awarded government benefits from a program few qualify for. Last year, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union refused to accept concessions that would have kept Hostess in business. The company had …
Bankrupt DOE Loan Recipient Abound Solar Under Investigation, Panels Suffered “Catastrophic Failure”
Abound Solar, a Department of Energy $400 million loan guarantee recipient that went bankrupt earlier this year, is under investigation by officials in Weld County, Colorado. The company, which received nearly $70 million in loan funding before payments were cut off by DOE in 2011, also received a $100,000 tax …
ECONOMY A Non-Recovery Recovery The August report shows that the labor market is continuing its non-recovery. Average job growth for 2012 is worse than average job growth in 2011. Fiscal policies from Washington have made the situation worse. While President Obama has promised to reduce regulations, which would help job …
Under the Baucus plan, just about everyone who is not covered by a government health program will be required to purchase insurance by 2013. To help pay for the mandated minimum coverage, individuals and families with incomes below four times the poverty line will receive a subsidy calculated on a …
