stimulus

Illinois now has the worst credit rating in the municipal bond market. Moody’s Investment Services pegs Illinois’ debt at Baa3, and it could further downgrade that credit rating later in 2018.

President Barack Obama has doubled the national debt – from $10 trillion to $20 trillion. He’s added more debt than all of his forty-three presidential predecessors combined.

President Barack Obama has dramatically ramped up the Washington, D.C., giant Crony-fest. Where economic sectors and companies Obama and his Democrats like get the gold mine – and the rest of us get the shaft. For instance, there was $80 billion for “green energy” in the awful 2009 “Stimulus” bill –80% of that coin went to Obama donors.

An electric truck manufacturer that was awarded $32 million from President Obama’s stimulus program has informed one of its investors that it is on the verge of bankruptcy, if it did not raise $4.5 million by Friday and $10 million by the end of October.

There are few things more dangerous to private enterprise than government bureaucrats with time on their hands. And since most bureaucrats have no legitimate reason for being – they have lots and lots of time on their hands.

They first tried to say the cause of the crash was a lack of government money. Except Amtrak has received over $30 billion since its 1970 inception. The last spending bill signed by President Barack Obama included $1.4 billion for Amtrak.

For governments everywhere, taxes and regulations are like Lays Potato Chips – no one can eat just one.
In part, of course, because governments’ appetite for taking our money and controlling our lives is insatiable. It’s their nature.
And because government intervention just about always makes things worse.

Competitive Enterprise Institute senior fellow John Berlau joins The Heartland Institute’s Budget & Tax News managing editor Jesse Hathaway to talk about the U.S. Treasury Department’s recent announcement that the “auto bailout” portion of the Troubled Asset Relief Program (TARP) had officially ended with the final repayment of taxpayer-funded loans to Ally Financial, formerly known as GMAC.

At the end of 2013, after serving five years, Barack Obama is a complete failure as President, by his own standards, as reflected in his own words.

Shouldn’t it be the customers’ choice to decide whether they want the cheaper bulb that uses more electricity and delivers a light quality that many people prefer?

I cringe every time I hear a politician or pundit talk about how a certain policy will create or destroy jobs. Yes, I get why it’s done; the unemployment rate…

The most recent report (reflecting up until March 31) under the $32 million grant shows that Smith delivered 421 of its vehicles, with $27,343,311 reimbursed to the company with government funds thus far. That calculates to a whopping $64,948 taxpayer subsidy per vehicle.

The Heartland Institute recently hosted renowned economist and political commentator John Lott, who gave an enlightening talk about this new book “At the Brink: Will Obama Push Us Over the Edge?”