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Keyword: costs

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  • Who will pay for MoPac cost overruns? Agency, contractor deal in sight

    10/09/2017 2:13:03 PM PDT · by Tolerance Sucks Rocks · 20 replies
    The Austin American-Statesman ^ | September 24, 2017 | Ben Wear
    They’ve butted heads and talked of lawsuits as the MoPac Boulevard toll lane construction project has dragged on two years beyond its target completion date. Now the Central Texas Regional Mobility Authority and its toll project contractor appear to be near a financial settlement. The mobility authority board, in a specially called meeting scheduled for Tuesday morning, will consider an agreement with CH2M, the Denver-based engineering and construction firm that in April 2013 agreed to design and build the 11-mile project. The contractor agreed then to a fixed price of $137 million. But in a March 2017 memo, written when...
  • Russia probes leave Trump associates struggling with huge legal bills

    09/16/2017 7:28:43 AM PDT · by huldah1776 · 51 replies
    Washington Examiner ^ | Sept 16, 2017 | Sarah Westwood
    An expanding special counsel probe into the Trump campaign's alleged Russian ties has saddled many of President Trump's current and former associates with hefty legal fees and left them few options for footing the bill. More than a dozen people, including the president and vice president, are known to have hired attorneys to help them navigate special counsel Robert Mueller's investigation and several additional probes in Congress. Some have complained about the burden of paying for their legal bills without assistance from the wealthy president whose campaign is in the crosshairs of federal investigators. "It's very expensive and nobody's called...
  • Ex-Russia Ambassador Rails Against Trump Over Praise Of Putin

    08/10/2017 7:13:36 PM PDT · by Helicondelta · 20 replies
    thehill.com ^ | 08/10/17
    Former U.S. Ambassador to Russia Michael McFaul railed against President Trump on Thursday after he thanked Russian President Vladimir Putin for ordering the U.S. to cut its diplomatic staff by 755 people. In his first comments on the move by Russia, Trump said he was thanking Putin because the decision allows the U.S. government to "cut down our payroll." “I want to thank him because we’re trying to cut down our payroll and as far as I’m concerned I’m very thankful that he let go of a large number of people because now we have a smaller payroll," Trump told...
  • The great highway loot

    06/26/2017 5:32:12 AM PDT · by Tolerance Sucks Rocks · 1 replies
    The Indian Express ^ | June 12, 2017 | Gajendra Haldea
    Though belated, the recent ordinance empowering the Reserve Bank of India to ensure recoveries from wilful defaulters is a step in the right direction. However, a lack of legal authority was never a barrier in the government’s ongoing war against corruption, black money and bad debts. Be that as it may, it is imperative for the government to demonstrate tangible results that would carry conviction with the masses. If only it were to examine the anatomy and modus operandi of national highway projects, it would discover a large-scale plunder of public money waiting to be booked. The usual contractor-engineer-politician troika...
  • Trump Drops Binders of Paperwork Costing $29M in Pitch for Simpler Infrastructure Process

    06/09/2017 1:09:47 PM PDT · by ForYourChildren · 46 replies
    Washington Free Bacon ^ | 06/09/2017 | Charles Fain Lehman
    President Donald Trump on Friday delivered an infrastructure speech in which he displayed what he said was a $29 million, 70-pound environmental report that state officials paid for to get an 18-mile roadway approved, highlighting the hurdles and paperwork that builders face to start major projects. Trump spoke at the Department of Transportation to conclude a weeklong promotion for his $1 trillion infrastructure plan. The president argued that Americans face bureaucratic challenges and burdensome regulations to get projects approved, arguing for a simpler, streamlined process. To illustrate his point, Trump said he met with state officials responsible for managing infrastructure...
  • Our Sick Health Care System

    05/06/2017 8:52:04 AM PDT · by Sean_Anthony · 21 replies
    Canada Free Press ^ | 05/06/17 | Ray DiLorenzo
    Single payor health care is coming, like it or not. Your hernia operation will have to wait a few months One way or another, we will have socialized medicine in this country. Politicians have raised and nurtured generations of people that expect something for nothing in exchange for votes. We have imported, legally and illegally, millions of uneducated, unskilled workers that can’t afford a band-aid. We have millions of students ‘graduating’ high school that can’t read, thus, unable to get a good job with health insurance. We have a health care system where the middle class is strapped with not...
  • Association of American Physicians and Surgeons (Video)

    03/30/2017 3:54:58 AM PDT · by Mechanicos · 3 replies
    FaceBook ^ | Aug 30, 2014 | Dr. Josh of Atlas
    Dr. Josh of Atlas MD says NO to ObamaCare. Working directly with his patients, and cutting out the insurance and government bureaucrats, lowers costs for the patients and increases the quality of care they receive.
  • Cities, counties and schools feel sharply increasing pension costs

    02/25/2017 6:21:44 PM PST · by artichokegrower · 24 replies
    Sacramento Bee ^ | February 25, 2017 | Dan Walters
    The impact of ever-higher pension costs on California’s local governments, particularly cities, has been evident for years. Pension burdens contributed to the recent bankruptcies of three cities and more are feeling the pinch.
  • Reducing the Costs of Federal Worker Pay and Benefits

    12/24/2016 10:29:05 AM PST · by boycott · 81 replies
    downsizinggovernment.org ^ | 9-20-2016 | Chris Edwards
    The federal government employs 2.1 million civilian workers in hundreds of agencies at offices across the nation.1 The federal workforce imposes a substantial burden on America's taxpayers. In 2016 wages and benefits for executive branch civilian workers cost $267 billion.2 Since the 1990s, federal workers have enjoyed faster compensation growth than private-sector workers. In 2015 federal workers earned 76 percent more, on average, than private-sector workers.3 Federal workers earned 42 percent more, on average, than state and local government workers.4 The federal government has become an elite island of secure and high-paid employment, separated from the ocean of average Americans...
  • FEMA Flood Response Spending said to be "Idiotic"

    12/12/2016 3:00:22 PM PST · by Cincinnatus.45-70 · 14 replies
    Baton Rouge Morning Advocate ^ | Dec 12, 2016 | Rebeka Allen
    FEMA is spending $62,500 for mobile homes for flood victims, when the industry estimate for an equivalent mobile home is $35,000. FEMA charges for installation, set up, and overhead bring the total FEMA cost to at least $129,200. The local Congressman, Garret Graves, says,"It's idiotic. It's the fleecing of America, example No. 10,000." He adds, "you're spending more money and it's taking longer. You're saying, 'We may be slow, but at least we're more expensive.'"
  • What China’s ‘Highway Robbery’-Style Toll Roads Say About its Economy

    11/20/2016 11:02:14 PM PST · by Tolerance Sucks Rocks · 19 replies
    Epoch Times ^ | October 30, 2016 | Cai Shenkun
    Why is China’s huge toll road system running massive losses despite billions of income from toll fees? It’s another strategy devised by the communist regime to siphon wealth from the public, says Cai Shenkun, a well-known Chinese economist and blogger.The Chinese state operates the largest toll road system in the world. Toll roads across the country collect more than 400 billion yuan (US$60 billion) each year. But strangely, this profitable monopoly industry reports huge losses year after year. According to recently released data by China’s Ministry of Transportation, revenue from toll roads was 409.78 billion yuan in 2015 while operating...
  • The Cost of Welfare Use By Immigrant and Native Households

    10/14/2016 1:24:28 PM PDT · by GilGil · 20 replies
    Center for Immigration Studies ^ | May 2016 | Jason Richwine
    In September 2015, the Center for Immigration Studies published a landmark study of immigration and welfare use, showing that 51 percent of immigrant-headed households used at least one federal welfare program — cash, food, housing, or medical care — compared to 30 percent of native households. Following similar methodology, this new study examines the dollar cost of that welfare use. The average household headed by an immigrant (legal or illegal) costs taxpayers $6,234 in federal welfare benefits, which is 41 percent higher than the $4,431 received by the average native household. The average immigrant household consumes 33 percent more cash...
  • Costs of Immigration Enforcement

    09/21/2016 11:25:33 AM PDT · by Academiadotorg · 23 replies
    Accuracy in Academia ^ | September 21, 2016 | Malcolm A. Kline
    At the Cato Institute recently, a libertarian law professor claimed we could not enforce mass deportations but did not mention what illegal immigration already costs American taxpayers. "We cannot afford to remove 18 million," Josh Blackman, an associate professor of law at the Houston College of Law, said at Cato's Constitution Day conference. "We have only enough money to remove 400,000." Blackman has signed onto Cato legal briefs challenging Obama Administration executive orders on immigration and notes that there are many constituencies in the U. S. that block federal enforcement of immigration rules. Meanwhile, "Public school districts across the United...
  • Calculating the Costs of Muslim Terrorism: La Braderie, For Example

    08/13/2016 12:04:33 PM PDT · by Tolerance Sucks Rocks · 17 replies
    Jihad Watch ^ | August 9, 2016 | Hugh Fitzgerald
    The mayor of Lille, in northeast France, has just announced the cancellation of La Braderie, the largest flea market in Europe, with 10,000 exhibitors and, last year, 2.5 million visitors. Martine Aubry, the mayor, and a Socialist stalwart, said that the safety of visitors could not be assured – “there are risks we cannot reduce.” By this she meant, of course, risks of an attack by Muslim terrorists. Only once before, during the goose-stepping German occupation, has La Braderie ever been called off. The cancellation of this gigantic event is a severe economic blow to those exhibitors from all over...
  • Retiree Obligations, Lack of Cash Hampers Michigan's Fiscal Condition

    06/08/2016 10:32:21 AM PDT · by MichCapCon
    Michigan Capitol Confidential ^ | 6/7/2016 | Jacob Weaver
    Retiree obligations and cash solvency for short-term expenses are hampering Michigan's fiscal condition, according to a new report. The Mercatus Center at George Mason University recently published its “Ranking the States by Fiscal Condition” report. According to the report's fiscal guidelines, Michigan ranks 35th, down one spot from the previous year. The report, authored by Senior Research Fellow Eileen Norcross and research assistant Olivia Gonzalez, reviewed each state's annual audited financial report for the 2014 fiscal year, breaking the numbers into five categories: Cash solvency — the ability of a state to pay its short-term obligations. Budget solvency — a...
  • HB2 Could Cost North Carolina Almost $5 Billion a Year

    05/11/2016 8:00:45 AM PDT · by Cyberman · 39 replies
    The Williams Institute ^ | 05/11/2016 | Christy Mallory and Brad Sears
    By adding to an already challenging legal environment in North Carolina, HB2 could cost the state almost $5 billion a year, according to a new report by the Williams Institute at UCLA School of Law. "The repeal of HB2 would not only reverse the threat to over $5 billion in economic activity for the state, but would also begin to bring North Carolina some of the economic advantages that come when a state embraces diversity and its LGBT citizens," said Christy Mallory, Senior Counsel at the Williams Institute and co-author of the new report. While prior reports have focused on...
  • Universities Against Regulation… Of Themselves

    05/03/2016 9:18:32 AM PDT · by Academiadotorg · 2 replies
    Accuracy in Academia ^ | April 29, 2016 | Malcolm A. Kline
    Academics found something they don't want the government to regulate when they looked in the mirror. "Last year, for example, the Task Force on Federal Regulation of Higher Education—formed in 2013 at the behest of a bipartisan group of U.S. senators and comprised of top university officials from around the country—released a stunning indictment of what it called the 'jungle of red tape' produced by the Education Department," Jenna Ashley Robinson and Jesse Saffron reported on The Pope Center's web site. "The report cited analysis from George Mason's Mercatus Center that showed federal higher education mandates increased by 56 percent...
  • EPA slammed after refusing to cover Colorado county’s costs from toxic spill

    04/28/2016 3:23:39 PM PDT · by jazusamo · 28 replies
    The Washington Times ^ | April 28, 2016 | Valerie Richardson
    DENVER — The Environmental Protection Agency came under fire Thursday after an official said the agency would not fully cover a Colorado county’s expenses stemming from the EPA-caused toxic wastewater spill at the Gold King Mine. Colorado Republicans blasted the agency after the Durango Herald reported that an EPA official nixed some of La Plata County’s proposed cooperative agreement for $2.4 million in spill-related costs over 10 years at a Wednesday board of county commissioners meeting. Sen. Cory Gardner, Colorado Republican, described the report as “outrageous” and “yet another example of the Washington double standard,” adding that he would work...
  • Obamacare: 2016 sticker shock

    02/05/2016 2:30:52 PM PST · by HarleyLady27 · 24 replies
    Washington Examiner ^ | June 2, 2015 | Paige Winfield Cunningham
    Health insurers are proposing to raise Obamacare rates more than in the past - some by more than 70 percent - now that they are finally equipped with all the information they need to price those plans. Plans wanting to raise rates by at least 10 percent next year posted the proposed increase online Monday, as required by the 2010 healthcare law. Insurers are allowed to raise rates each year, but they must publish significant increases ahead of time. Insurers have sold plans in the law's new insurance marketplaces for two years in a row. But the difference in 2016...
  • Hillary Clinton: 'We now have driven costs down to the lowest they've been in 50 years'

    01/19/2016 2:29:21 PM PST · by Nachum · 42 replies
    politifact.com ^ | 1/18/16 | C. Eugene Emery Jr.
    During the Jan. 17 Democratic presidential debate, Hillary Clinton argued against, as she put it, doing away with Obamacare and trying to replace it with the type of single-payer system her primary opponent, Bernie Sanders, wants to implement. Attempts to do that when Democrats controlled the government failed, she noted, arguing that Obamacare has accomplished a lot. "We have the Affordable Care Act. Let's make it work," Clinton said. "We now have driven costs down to the lowest they've been in 50 years. Now we've got to get individual costs down. That's what I'm planning to do." Health care costs...