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Keyword: costs

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  • 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 ^ | 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 ^ | 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...
  • What refugees cost for a family of five: But what about our own people?

    12/28/2015 11:17:06 AM PST · by Sean_Anthony · 10 replies
    Canada Free Press ^ | Colin Alexander
    For the same money, we could help a hundred times as many refugees in existing camps Do refuges get more than our own people in need? Yes! Some are in hotels and getting $61 per day for food. But someone on welfare in Ontario gets just $10 per day to cover food, clothing and everything except accommodation. And tens of thousands of Aboriginal children live in conditions like what refugees are leaving, in remote settlements under boil-water advisory. Without even considering the immense relocation costs, for 25,000 refugees here’s a pro forma for the annual ongoing costs for a family...
  • Overhead costs exploding under ObamaCare, study finds

    05/28/2015 2:03:09 PM PDT · by Jim Robinson · 10 replies
    The Hill ^ | May 28, 2015 | By Sarah Ferris
    Five years after the passage of ObamaCare, there is one expense that’s still causing sticker shock across the healthcare industry: overhead costs. The administrative costs for healthcare plans are expected to explode by more than a quarter of a trillion dollars over the next decade, according to a new study published by the Health Affairs blog. The $270 billion in new costs, for both private insurance companies and government programs, will be “over and above what would have been expected had the law not been enacted,” one of the authors, David Himmelstein, wrote Wednesday. Those costs will be particularly high...
  • California´s soaring healthcare costs bode ill for the budget

    01/08/2015 11:02:39 PM PST · by Nachum · 44 replies
    L.A. Times ^ | 1/8/15 | Chris Megerian
    Sacramento — California´s budget, which bounced back after years of deficits, is now being squeezed by rising healthcare costs for the poor and for retired state workers. The mountain of medical bills threatens to undermine Gov. Jerry Brown´s efforts to strengthen state finances — his central promise of the past four years. Enrollment in the state´s healthcare program for the poor, known as Medi-Cal, has exploded by 50% since President Obama´s signature law took effect. Although the federal government picks up most of the tab, state costs have also been growing, and faster than expected. Meanwhile, the annual bill for
  • Does Harvard Hate Obamacare?

    01/07/2015 6:09:30 AM PST · by Academiadotorg · 23 replies
    Accuracy in Academia ^ | Malcolm A. Kline
    Harvard not only educated the president but has steadfastly supported not only him and even his more controversial policies, until now. “For years, Harvard’s experts on health economics and policy have advised presidents and Congress on how to provide health benefits to the nation at a reasonable cost,” Robert Pear reported in The New York Times on January 5, 2015. “But those remedies will now be applied to the Harvard faculty, and the professors are in an uproar.” “Members of the Faculty of Arts and Sciences, the heart of the 378-year-old university, voted overwhelmingly in November to oppose changes that...
  • Schumer: Feds should cover Ebola costs

    11/16/2014 5:20:37 AM PST · by wtd · 15 replies
    Leader-Herald ^ | 11/16/2014 | AP
    Schumer: Feds should cover Ebola costsALBANY, N.Y. (AP) — Sen. Charles Schumer says the federal government should reimburse New York City and Bellevue Hospital for costs related to Ebola. The Democrat says Sunday that more than $20 million has been spent on tracking health professionals and others arriving from Ebola-stricken countries and treating Dr. Craig Spencer, a physician who recovered from the illness after receiving treatment at Bellevue.
  • After One Year, Obamacare’s Biggest Achievement: Hiding Its Cost

    10/03/2014 2:06:16 PM PDT · by right-wing agnostic · 4 replies
    The Federalist ^ | October 3, 2014 | John Daniel Davidson
    In a speech yesterday at Northwestern University, President Obama declared that the Affordable Care Act is “working pretty well in the real world”—a claim he couldn’t have made this time last year. Now, armed with surveys of the uninsured rate and CBO reports, his administration can take credit for “good, affordable healthcare”—but only by citing choice data and dwelling on those parts of the law that disguise its defects as virtues. Still, that’s a big improvement from where the administration was last October. It’s been a year this week since the launch of, the health insurance exchange website through...
  • Immigration Hype

    07/26/2014 5:27:55 AM PDT · by NaturalBornConservative · 36 replies
    Natural Born Conservative ^ | July 26, 2014 | Larry Walker, Jr.
    A Never-Ending Scheme:: By: Larry Walker, II ::According to the New York Times, “Hoping to stem the recent surge of migrants at the Southwest border, the Obama administration is considering whether to allow hundreds of minors and young adults from Honduras into the United States without making the dangerous trek through Mexico, according to a draft of the proposal.”And, “If approved, the plan would direct the government to screen thousands of children and youths in Honduras to see if they can enter the United States as refugees or on emergency humanitarian grounds. It would be the first American refugee effort...
  • Obamacare Glitch Blocks Woman’s Medicine

    05/25/2014 9:55:30 AM PDT · by John Semmens · 12 replies
    Semi-News/Semi-Satire ^ | 23 May 2014 | John Semmens
    Though she was successful signing up for one of the Affordable Care Act health insurance plans, Shelby Higdon has been unsuccessful in her quest to obtain medicine for her condition. The problem stems from a mismatch between her actual gender and what is recorded in the ACA computer files. An ACA employee who asked to remain anonymous explained that “Shelby is a man’s name. She can’t expect us to overlook that. Her mother’s complaint is especially galling. She could’ve prevented this years ago if she’d simply named her daughter Shelly—an obvious girl’s name.” “We’ll probably get this straightened out eventually,”...
  • PhRMA warns out-of-pocket costs could double under O-Care

    05/16/2014 9:53:40 AM PDT · by Nachum · 15 replies
    The Hill ^ | 5/16/14 | Ferdous Al-Faruque
    A new study commissioned by PhRMA finds that many consumers in ObamaCare’s insurance exchanges could end up paying more than twice as much in out-of-pocket drug costs. The report for the nation’s top drug lobby was conducted by actuarial firm Milliman, which found that people on the Silver Plan, the most popular ObamaCare plan, would likely pay 130 percent more for out-of-pocket prescription drugs compared to people on similar employer-sponsored plans. One reason why out-of-pocket costs are likely to be higher is because employer plans are more generous than typical Silver Plans, according to the report. However, the numbers don’t...
  • Insurers: Medicare Advantage cuts cost seniors $900 per year

    03/02/2014 8:51:20 AM PST · by Libloather · 17 replies
    The Hill ^ | 2/27/14 | Elise Viebeck
    The health insurance industry fighting proposed cuts to Medicare Advantage payments argued they will raise seniors' out-of-pocket costs next year. America's Health Insurance Plans (AHIP), a trade group, blasted the reductions with a report Thursday finding that beneficiaries could pay as much as $900 more in 2015 if the cuts take effect. The report by consulting firm Oliver Wyman concluded that Medicare Advantage (MA) plans could see a 5.9 percent total cut to their payments next year as a result of changes proposed by federal health officials. The Centers for Medicare and Medicaid Services (CMS) floated a 2015 cut of...
  • More Hidden Costs of ObamaCare Coming to Light (some subsidies will have to be paid back)

    01/02/2014 5:48:30 PM PST · by Libloather · 29 replies
    The New American ^ | 1/02/13 | Bob Adelmann
    **SNIP** In addition, there’s the hidden surprise waiting for those who are enjoying subsidies to help them pay for the insurance. If they have a “major life event” like getting married, or getting a raise or a promotion with a higher salary, not only could the subsidy disappear but any subsidy they enjoyed prior will have to be paid back. **SNIP** The clock is ticking as the November elections draw ever closer. Senate Democrats up for reelection who voted for the ACA are finding themselves facing unhappy constituents and newly energized challengers along with critical TV ads from conservative groups...
  • Obamacare poster designs

    12/15/2013 10:00:13 AM PST · by tsomer · 31 replies
    self ^ | 12/15/13 | Tom Sommerville
    Obamacare graphics: Making the abstract concrete.
  • Now available: Prices for every insurance plan offered on (GET IN HERE!)

    10/23/2013 12:30:03 PM PDT · by 2ndDivisionVet · 59 replies
    Hot Air ^ | October 23, 2013 | Allahpundit
    Someone stumbled across this spreadsheet on the ObamaCare website last night and it’s been zapping around Twitter ever since. Is this information … supposed to be public? I thought the whole point of forcing people to register before showing them the prices is that they didn’t want you to see how expensive the plans are until you’d already been lured with the promise of subsidies.
  • The Challenge

    10/02/2013 9:55:58 AM PDT · by Chris in VA · 20 replies
    Western Center for Journalism ^ | 10/2/13 | Chris McAllister
    However, in a recent speech in Maryland, Obama challenged Americans to go to “the website” to see how much money they could save under Obamacare. He said that once you do and find out how much you save, you’re going to sign up “even if you didn’t vote for me.” The website in question is, and I did go to see how much money I could “save” under Obamacare.
  • The Two Million Dollar Man: Obama’s 2-Day South Africa Trip Cost $2.2 Million

    10/01/2013 7:49:43 AM PDT · by Nachum · 16 replies
    Free Beacon ^ | 10/1/13 | Elizabeth Harrington
    President Barack Obama’s two day trip to South Africa in June cost taxpayers more than $2.2 million on hotel room and rental car costs alone, according to documents released by the State Department on Sunday. All told, the trip cost as much as $100 million according to a pair of Republican House members. The first family’s trip to sub-Saharan Africa was criticized by Reps. Mark Meadows (R., N.C.) and Steve Stockman (R., Texas) in June for its high price tag in the wake of budget cuts due to sequestration, though the visit went on as planned. The president’s “VIP visit”...
  • Price Check! Healthcare on Aisle 4.

    09/30/2013 6:31:11 AM PDT · by Chris in VA · 10 replies
    Western Center for Journalism ^ | 9/28/13 | Chris McAllister
    To quote Obama – “…it turns out you’re going to save a hundred, two hundred, three hundred dollars a month on your insurance…” This is the lowering of costs that he and all liberals have been touting since the beginning of this entire health care debacle back in 2010. “We’re going to lower costs.” But the problem they do not mention is that they are only talking about premiums.
  • College Subsidies a Growing Problem: More money, more issues

    09/16/2013 6:37:02 AM PDT · by MichCapCon · 9 replies
    CapCon ^ | 9/12/2013 | Jarrett Skorup
    It seems counterintuitive to some people, but government subsidies can harm the very people they are meant to help. So it is with the way Michigan funds higher education. Consider that 12 percent of college graduates in 1970 came from the families in the bottom 25 percent of income earners, but today that number is 7 percent, according to Richard Vedder, director of the Center for College Affordability and Productivity at Ohio University and an adjunct scholar with the Mackinac Center for Public Policy. Meanwhile, the six-year graduation rate is about 55 percent. That is, nearly half of students do...
  • How Much Will a War With Syria Cost?

    09/07/2013 10:32:54 PM PDT · by garjog · 19 replies
    The Motley Fool ^ | September 7, 2013 | By Katie Spence
    ... each Tomahawk cruise missile likely to be fired on Syria costs an estimated $1.5 million each to replace. That's great news for Raytheon (NYSE: RTN ) , which builds the missile, but not for the Navy's budget. Plus, if the U.S. fires missiles, that'll add an additional $30 million per week for as long as the Navy's Nimitz and Truman are engaged in combat. Those costs may not seem like much when you factor in overall defense spending, but thanks to the nature of sequestration, the Navy, as well as the rest of the military, is hurting.
  • President Obama seeks to shame colleges for rising tuition costs (& poor results)

    08/22/2013 4:59:11 PM PDT · by Libloather · 14 replies
    The Hill ^ | 8/22/13 | Justin Sink
    President Obama unveiled a new plan Thursday designed to shame colleges and universities over rapidly escalating tuition costs, warning the nation is facing "a crisis in terms of college affordability and student debt." At a series of events across New York state, the president touted his order to the Department of Education to create a new ranking system that grades universities on their value to students, providing applicants with a clearer idea of which schools give students the best bang for their buck. He also proposed tying federal aid to the rating system, arguing that the federal government should not...
  • A Limit on Consumer Costs Is Delayed in Health Care Law (Hussein's self-imposed 'setback')

    08/13/2013 2:53:02 PM PDT · by Libloather · 17 replies
    NY Times ^ | 8/12/13 | ROBERT PEAR
    WASHINGTON — In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care. The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and $12,700 for a family. But under a little-noticed ruling, federal officials have granted a one-year grace period to some insurers, allowing them to set higher limits, or no limit at all on some costs, in 2014. The grace period has been outlined on...
  • HHS on Health Insurers' Costs: 'Expenses Like Profits and Red Tape'

    06/20/2013 4:38:31 PM PDT · by Nachum · 4 replies
    Weekly Standard ^ | 6/20/13 | JERYL BIER
    The Department of Health and Human Services (HHS) put out a press release today promoting the savings to consumers from Obamacare in 2012. The department claims that the average consumer receiving a refund will get about $100 as a result of rules on how insurers must spend premium dollars. The press release contains the following curious characterization of ineligible expenses health insurers might incur: Created through the Affordable Care Act, the rule requires insurers to spend at least 80 cents of every premium dollar on patient care and quality improvement. If they spend a higher amount on other expenses like...
  • Yes, Premiums Will Go Up

    06/19/2013 6:50:53 AM PDT · by National Review · 9 replies
    National Review ^ | June 19, 2013 | National Review
    It’s an open-and-shut case: Rates will go up a lot under Obamacare. By James C. Capretta Last month, the Manhattan Institute’s Avik Roy — joined by Lanhee Chen, Yuval Levin, and Dan Kessler — set off a firestorm by audaciously challenging the prevailing Obamacare-friendly story about what will happen to premiums when the law’s implementation begins in earnest in 2014. Specifically, Roy and the others disputed the initial news stories coming out of California, fed by state officials, which indicated that the premiums paid by state residents enrolled in the Obamacare exchange would be lower in 2014 compared with 2013....
  • Proof That ObamaCare Will Fuel Health Care Inflation

    05/08/2013 5:56:13 AM PDT · by IBD editorial writer · 8 replies
    Investor's Business Daily ^ | 05/07/2013 | IBD Staff
    Health Costs: Americans were promised that ObamaCare would make their health care more affordable. But a pair of studies show the new system has done nothing to lower health costs and will sharply raise them. Between 2009 and 2011, U.S. health spending rose just 3.9% a year, the lowest annual gains in decades. The Obama administration was quick to claim credit for the slowdown, with Health and Human Services Secretary Kathleen Sebelius saying ObamaCare had "contributed to the slowest sustained growth in health spending in 50 years." But two new studies make it clear that ObamaCare wasn't behind the slowdown...
  • Minnesota health plans see increased costs in 2012

    04/02/2013 5:32:46 AM PDT · by TurboZamboni · 4 replies
    pioneer press ^ | 4-2-13 | chris snowbeck
    Health care spending in Minnesota is on the rise again. Per-person spending by the state's nonprofit health insurance companies on medical care during 2012 rose 5.1 percent from the previous year, according data released Monday, April 1, by the Minnesota Council of Health Plans. That was a significant jump compared with the rate of medical cost inflation during 2010 and 2011, according to the St. Paul-based trade group. In 2011, for example, the annual increase in per-person spending was 0.4 percent -- likely because some patients delayed elective procedures during the slow economic recovery, experts say.
  • Obamacare not so ‘Affordable,’ study finds

    03/28/2013 6:05:04 AM PDT · by afraidfortherepublic · 4 replies
    The Wisconsin Reporter ^ | 3-28-13 | M. D. Kittle
    MADISON – Here are some lists you don’t want to finish first on: •Worst human being •Guy with most head lice •The naughty list (well maybe you do, you kinky devil, you) •Charlie Sheen’s ‘Hey, What’s in This Punch?’ party •The Society of Actuaries list of top five states facing the steepest health care cost hikes under the Patient Protection and Affordable Care Act Wisconsin comes close to topping the latter list. The Badger State checks in at No. 2 on the Society’s ranking of states expected to be most impacted by underlying claim costs under the ACA, derisively referred...
  • Now States Cutting Employee Hours to Avoid Obamacare Costs

    02/09/2013 11:14:45 PM PST · by Nachum · 28 replies
    Breitbart ^ | 2/9/13 | Joel Pollak
    The costs of Obamacare are not just hitting businesses this year--they are also hitting the government, and public employees as well. Virginia, for example, is about to limit part-time employees to 29 hours per week in order to avoid triggering Obamacare’s requirement that employers provide health insurance to those working 30 hours per week or more. The state cannot afford the $110 million annual cost of insurance. Elsewhere, public institutions are taking similar steps to limit part-time work. In Ohio, Youngstown State University recently announced a 29-hour-per-week part-time limit, and placed employees on notice that they would be fired if...
  • Senator Denies Possibility that Regulations Could Cost Jobs

    11/19/2012 11:41:28 AM PST · by John Semmens · 10 replies
    Semi-News/Semi-Satire ^ | 16 Nov 2012 | John Semmens
    Encouraged by the recent election results, Senate Majority Leader Harry Reid (D-Nev) boasted that “the Republicans’ contention that excessive government regulation causes increased unemployment has been convincingly refuted by voters.” “Of course, the GOP’s arguments were ludicrous from the beginning,” Reid maintained. “If we pass new regulations the government has to hire more people to enforce them. That means more jobs. Companies have to hire more people to ensure they comply with the regulations. That means more jobs. The regulations are kind of like a scissors cutting into unemployment from both sides.” The possibility that more regulations could boost the...
  • The Case for Calm Over Rising Health Costs

    10/08/2012 9:53:28 AM PDT · by pgyanke · 5 replies
    The New York Times ^ | 10/6/2012 | Amy Wallace
    IN 1946, a British newspaper shocked its readers by running an article with this ominous-sounding headline: “Nearly Half of U.K. Student Grades Are Below Average.” Read that back to yourself slowly, and you’ll realize, of course, that the law of averages would have it no other way. But man, does it sound bad. In his new book, “The Cost Disease: Why Computers Get Cheaper and Health Care Doesn’t” (Yale University Press) William J. Baumol uses that headline to help us understand his central idea about the diverging paths of certain costs in our economy. Mr. Baumol and a Princeton colleague...
  • Obamacare isn't reducing health care costs

    09/25/2012 5:48:25 PM PDT · by markomalley · 8 replies
    "To say it as plainly as I can," President Obama told the American Medical Association in 2009. "Health care reform is the single most important thing we can do for America's long-term fiscal health. That is a fact." Considering that the explosive growth of Medicare and Medicaid spending are the driving forces behind our current deficits, Obama was dead right in that 2009 speech. But in 2010, on the eve of the passage of Obamacare, Obama told the House Democratic Caucus, "Everybody who's looked at it says that every single good idea to bend the cost curve and start actually...
  • Student health care costs set to soar at private North Carolina college due to ObamaCare

    08/27/2012 1:10:58 PM PDT · by oliverdarcy · 9 replies
    Guilford College in North Carolina is poised to raise the prices they charge students for health insurance by 75 percent as a direct result of the implementation of President Obama’s landmark healthcare legislation, administrators told Campus Reform late last week. The price for university provided health care is expected to rise from $668 to $1,179 for the 2012-2013 school year, Greg Bursavich, who is the Vice President for Finance at Guilford College, told students in a letter late last month. “Our student health insurance policy premium has been substantially increased due to changes required by federal regulations issued on March...
  • Remember When Pelosi + Obammunist Drones in The Senate Said Obamacare Would 'Save Us Billion$?'

    07/31/2012 7:22:54 AM PDT · by Reaganite Republican · 6 replies
    Reaganite Republican ^ | July 31 , 2012 | Reaganite Republican
    How's that workin-out... The Congressional Budget Office never did quite buy-into the Obamacare 'savings' spiel; their far-more sober assessment after 'finding out what's in it' produced a federal cost estimate of $944B for the decade (2010-2019).   Yet last week Forbes took a fresh look at the CBO's lastest and found forecasts in a clear uptrend over the last two years, so much so that Obamacare's total decade cost now stands at an eye-watering $1.856 TRILLION, with over $1.3B of that deficit spending, not-at-all paid-for yet. Although the costs have already doubled, the article made it abundantly clear that most of...
  • Who’s science and math do you buy? The EPA’s?

    06/05/2012 5:42:55 PM PDT · by Mark Landsbaum · 6 replies
    Government agencies, who have a vested interest in justifying what they spend, expanding what they do and making a case for more of both, are hardly disinterested parties. Witness the EPA, that political entity dating to the Nixon Administration, which was created much like opening a Pandora’s box. The unforeseen consequences continue to pour forth to degrees not even Rachel Carson could have imagined. One of the short-comings of the mainstream media is that it swallows then regurgitates so much of what the government has to say about itself without bothering to critically examine, or even to seek out other...
  • California-based Apple to build $210-million new manufacturing plant. In China

    05/21/2012 11:42:44 AM PDT · by Mark Landsbaum · 63 replies
    Gov. Jerry Brown and the Democratic Party-controlled state Legislature and the army of bureaucrats and tax collectors doing their bidding have triumphed again. California-based Apple Computer will build a spanking new, $210-million manufacturing plant. In China. Is anyone surprised? The corporate tax rate in California is horrendous, the workforce is taxed worse than the corporations, the cost of living is off the charts thanks in large part to the costly burdens added by government regulations and housing, well, you know how that compares for California versus the rest of the world...
  • Survey: Which States Are Small-Business-Friendly?

    05/13/2012 6:08:56 AM PDT · by KeyLargo · 6 replies
    CATO ^ | May 11, 2012 | Walter Olson
    Survey: Which States Are Small-Business-Friendly? Posted By Walter Olson On May 11, 2012 @ 3:38 pm In Government and Politics,Regulatory Studies As Tad has noted [1], in cooperation with the excellent Kauffman Foundation of Kansas City has produced this attractive, clickable map [2] of the 50 states displaying the results of a survey of small-business friendliness. It’s worth checking out your state’s standing, as well as that of states with which it competes for new business. To a large extent the findings come in just about where one would expect: California plus the Northeast (aside from New Hampshire) are...
  • High-speed rail plan slashes costs to calm critics

    04/01/2012 2:14:16 PM PDT · by NormsRevenge · 27 replies ^ | 4/1/12 | Michael Cabanatuan
    State transportation officials have slashed the price tag for California's controversial high-speed rail project by $30 billion and expanded the first stretch of track to run from Merced in the Central Valley south to the San Fernando Valley in Los Angeles. The California High Speed Rail Authority's revised business plan, which will be released Monday in Fresno, calls for those dramatic changes as the agency prepares to ask the Legislature to use $2.7 billion in state high-speed rail bonds to start construction by early next year. The drastic revision, which puts the proposed cost of the system at $68.4 billion...
  • ObamaCare's Costs Are Soaring

    03/20/2012 8:16:26 PM PDT · by Free ThinkerNY · 10 replies · 1+ views
    The Wall Street Journal ^ | March 20, 2012 | RON JOHNSON
    One year after the passage of ObamaCare, this paper published an op-ed I wrote ("ObamaCare and Carey's Heart") about how America's health-care system saved my daughter's life, and describing how implementing this law will limit innovation, lead to rationing, and lower the quality of care. Now, two years out, I would like to focus on the budgetary disaster. As a candidate, Barack Obama repeatedly claimed that his health-care plan would lower annual family health-insurance premiums by $2,500 before the end of his first term as president. But the Kaiser Family Foundation recently reported that the average family premium has increased...
  • Secretary Unsure of Fiscal Impact of Obamacare

    03/12/2012 3:13:03 PM PDT · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 10 March 2012 | John Semmens
    Secretary of Health and Human Services (HHS) Kathleen Sebelius says she has no idea on what the fiscal impacts of Obamacare might be. “I haven’t really approached the issue from that perspective,” Sebelius told Senator Ron Johnson (R-Wisc) at a recent hearing. “We’re just trying to make sure everyone and everything is covered. Maybe we’ll take a look at costs later when we have more time.” Senator Johnson’s suggestion that all the requests for waivers that HHS has granted indicate a problem with cost was brushed aside by the Secretary. “First of all, I don’t know which waivers you are...