by Jane Richey | Apr 24, 2012 | Constitutionally Limited Goverment, Free Markets
One of the world’s leading environmentalists, James Hansen, calls for a tax on carbon emissions. The revenues would come mostly from high earners and businesses, and would be ”deposited monthly,” as dividends, into the bank accounts of low earners with smaller “carbon...
by Jane Richey | Apr 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Philadelphia School District will massively restructure itself in the coming months, fundamentally altering the way it is organized and run – and possibly closing 40 low-performing, underused schools next year and shifting many more students to charters. It...
by Jane Richey | Apr 24, 2012 | Constitutionally Limited Goverment, Free Markets
Two Republican senators are bashing the Energy Department for using taxpayer funds to support production of a luxury electric car that costs six figures. Sens. Chuck Grassley (R-Iowa) and John Thune (R-S.D.) are the latest GOP lawmakers to raise questions about...
by Jane Richey | Apr 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
From Walter Williams: According to the Congressional Budget Office, Congress will spend $3.8 trillion this year, about 24 percent of our $15 trillion gross domestic product. But federal tax revenue will be much less, only $2.5 trillion, or 16 percent of the GDP. That...
by Jane Richey | Apr 24, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The U.S. Department of Energy plans to spend $9 million on better weather forecasting, something that would help electric utilities integrate solar energy into the power grid. The taxpayer money is intended to help power system operators reliably know how much solar...