Medicare Cost-saving Programs Fall Short
President Obama, along with the Democratic-led Senate and formerly Democratic-led House, touted the 2010 healthcare overhaul as a landmark law that would curb the rise in U.S. healthcare costs. But in a new report released last week by the CBO shows that reform programs akin to those endorsed by ObamaCare have neither abated healthcare costs nor salvaged any significant amount of government revenue.
Gingrich Releases Freddie Mac Contract
Finally, presidential candidate Newt Gingrich arranged the release of a contract Monday night showing the Federal Home Loan Mortgage Corp. paid his consulting firm a $25,000 monthly retainer fee in 2006, for a total of $300,000. Now the agreement calls for “consulting and related services” but makes no mention of lobbying.
White House delay of budget proposal infuriates Republicans
Obama is supposed to be releasing his budget for 2013, but the White House is delaying it for one week, even though the fiscal year starts October 1, a decision that administration officials say was based on “the need to finalize decisions and technical details” but which Republicans say is a direct violation of law.
Tax Havens of the Carribean
The SEC has so many regulations that investors and corporations are desiring to get away from them and paying so much in US taxes, that they are able to conduct business in the Caribbean, including the British Virgin Islands, the U.S. Virgin Islands, the Dutch Antilles, and the Cayman Islands. In the Caymans alone, there are 450 banks form 65 countries and it’s the fifth largest banking center in the world.
McCain’s 2008 Book on Romney Hits the Web
Back in 2008, Sen John McCain’s staff compiled a dossier on his rival, Mitt Romney, and as it was supposed to do, it described his weaknesses and vulnerabilities. This information was leaked to the internet earlier this week, the nearly 200-page document is divided into several categories, including one 10-page section devoted entirely to cataloging Romney’s “Flip-Flops.” While the chronology of the cache of information on Romney ends in 2008, there is yet much of interest to be found among the many references and quotes contained therein.
